iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) Sees Large Drop in Short Interest

iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) was the target of a large decrease in short interest in January. As of January 30th, there was short interest totaling 46,247 shares, a decrease of 28.1% from the January 15th total of 64,350 shares. Based on an average daily volume of 89,827 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.7% of the company’s stock are short sold. Currently, 0.7% of the company’s stock are short sold. Based on an average daily volume of 89,827 shares, the days-to-cover ratio is presently 0.5 days.

iShares Bloomberg Roll Select Commodity Strategy ETF Stock Up 0.2%

Shares of iShares Bloomberg Roll Select Commodity Strategy ETF stock traded up $0.12 on Monday, hitting $52.39. The company had a trading volume of 104,418 shares, compared to its average volume of 74,917. The stock has a 50-day moving average of $51.44 and a 200-day moving average of $52.23. iShares Bloomberg Roll Select Commodity Strategy ETF has a twelve month low of $46.92 and a twelve month high of $57.17.

Hedge Funds Weigh In On iShares Bloomberg Roll Select Commodity Strategy ETF

Large investors have recently added to or reduced their stakes in the company. CW Advisors LLC bought a new stake in shares of iShares Bloomberg Roll Select Commodity Strategy ETF in the second quarter valued at about $5,468,000. Envestnet Asset Management Inc. raised its position in iShares Bloomberg Roll Select Commodity Strategy ETF by 16.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 405,624 shares of the company’s stock valued at $21,336,000 after buying an additional 55,861 shares during the last quarter. TD Waterhouse Canada Inc. raised its position in iShares Bloomberg Roll Select Commodity Strategy ETF by 23.0% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 267,743 shares of the company’s stock valued at $13,498,000 after buying an additional 49,982 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in iShares Bloomberg Roll Select Commodity Strategy ETF by 12.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 353,088 shares of the company’s stock valued at $17,809,000 after acquiring an additional 38,157 shares in the last quarter. Finally, Disciplina Capital Management LLC boosted its position in iShares Bloomberg Roll Select Commodity Strategy ETF by 21.6% during the 4th quarter. Disciplina Capital Management LLC now owns 194,906 shares of the company’s stock worth $9,502,000 after acquiring an additional 34,556 shares during the last quarter.

About iShares Bloomberg Roll Select Commodity Strategy ETF

The iShares Bloomberg Roll Select Broad Commodity ETF (CMDY) is an exchange-traded fund that is based on the Bloomberg Roll Select Commodity index. The fund tracks an index that holds futures contracts on a roll-cost optimized broad market commodity index. CMDY was launched on Apr 3, 2018 and is managed by Blackrock.