iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) Short Interest Update

iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) was the target of a significant growth in short interest in March. As of March 13th, there was short interest totaling 558,171 shares, a growth of 401.8% from the February 26th total of 111,227 shares. Based on an average trading volume of 897,962 shares, the short-interest ratio is currently 0.6 days. Currently, 2.2% of the company’s stock are short sold. Currently, 2.2% of the company’s stock are short sold. Based on an average trading volume of 897,962 shares, the short-interest ratio is currently 0.6 days.

Hedge Funds Weigh In On iShares GSCI Commodity Dynamic Roll Strategy ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Royal Bank of Canada lifted its stake in iShares GSCI Commodity Dynamic Roll Strategy ETF by 13.6% in the first quarter. Royal Bank of Canada now owns 18,112 shares of the company’s stock valued at $480,000 after acquiring an additional 2,171 shares during the last quarter. Jane Street Group LLC increased its stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 3.2% during the 1st quarter. Jane Street Group LLC now owns 137,798 shares of the company’s stock worth $3,648,000 after purchasing an additional 4,304 shares during the last quarter. Creative Planning bought a new stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF in the 2nd quarter valued at about $323,000. Hsbc Holdings PLC raised its holdings in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 40.9% in the 2nd quarter. Hsbc Holdings PLC now owns 26,168 shares of the company’s stock valued at $676,000 after purchasing an additional 7,591 shares during the period. Finally, Quadrature Capital Ltd lifted its stake in iShares GSCI Commodity Dynamic Roll Strategy ETF by 200.9% in the 2nd quarter. Quadrature Capital Ltd now owns 234,889 shares of the company’s stock valued at $6,072,000 after purchasing an additional 156,836 shares during the last quarter. 1.80% of the stock is owned by institutional investors.

iShares GSCI Commodity Dynamic Roll Strategy ETF Trading Up 2.0%

Shares of NASDAQ:COMT traded up $0.63 during trading on Tuesday, hitting $32.62. 474,698 shares of the company were exchanged, compared to its average volume of 417,691. The stock has a market cap of $822.02 million, a price-to-earnings ratio of -15.76 and a beta of 0.23. iShares GSCI Commodity Dynamic Roll Strategy ETF has a fifty-two week low of $23.11 and a fifty-two week high of $33.94. The firm has a fifty day moving average price of $28.57 and a two-hundred day moving average price of $27.16.

iShares GSCI Commodity Dynamic Roll Strategy ETF Company Profile

The iShares GSCI Commodity Dynamic Roll Strategy ETF (COMT) is an exchange-traded fund that is based on the S&P GSCI Dynamic Roll index. The fund tracks a broad-market commodity index that utilizes a flexible dynamic roll strategy. COMT was launched on Oct 16, 2014 and is managed by BlackRock.