GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (NYSEARCA:COMB) Stock Short Interest Climbs 83.2%

GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (NYSEARCA:COMB) was the recipient of a significant increase in short interest in October. As of October 15th, there was short interest totaling 60,685 shares, an increase of 83.2% from the September 30th total of 33,122 shares. Currently, 1.1% of the company’s stock are short sold. Based on an average trading volume of 19,652 shares, the days-to-cover ratio is presently 3.1 days.

Institutional Trading of GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of COMB. Fifth Third Bancorp purchased a new position in shares of GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF in the 1st quarter valued at $31,000. DMC Group LLC acquired a new position in shares of GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF in the 1st quarter valued at $229,000. Financial Enhancement Group LLC purchased a new stake in GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF in the 2nd quarter valued at $355,000. IFP Advisors Inc raised its position in GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF by 27.5% in the 2nd quarter. IFP Advisors Inc now owns 17,935 shares of the company’s stock valued at $432,000 after purchasing an additional 3,869 shares during the last quarter. Finally, Sanctuary Advisors LLC acquired a new stake in GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF during the 1st quarter worth $606,000.

GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF Trading Down 0.5%

NYSEARCA COMB traded down $0.15 on Friday, hitting $27.77. 22,758 shares of the stock were exchanged, compared to its average volume of 60,558. GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF has a fifty-two week low of $20.23 and a fifty-two week high of $28.99. The company has a 50-day moving average price of $28.17 and a 200-day moving average price of $25.99.

GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF Company Profile

The GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (COMB) is an exchange-traded fund that is based on the Bloomberg Commodity index. The fund seeks to outperform a broad commodity market index through active management of the funds collateral. The index include futures contracts on up to 24 different commodities. COMB was launched on May 22, 2017 and is managed by GraniteShares.