Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM) Short Interest Update

Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM) was the recipient of a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 34,645 shares, a growth of 161.7% from the June 15th total of 13,240 shares. Currently, 0.6% of the company’s stock are sold short. Based on an average trading volume of 147,399 shares, the days-to-cover ratio is presently 0.2 days.

Direxion Auspice Broad Commodity Strategy ETF Trading Up 0.5%

NYSEARCA COM opened at $33.51 on Tuesday. The company has a fifty day moving average price of $33.66 and a 200-day moving average price of $32.62. Direxion Auspice Broad Commodity Strategy ETF has a 1 year low of $27.46 and a 1 year high of $35.62.

Institutional Investors Weigh In On Direxion Auspice Broad Commodity Strategy ETF

A number of institutional investors have recently added to or reduced their stakes in the company. Essential Partners LLC lifted its position in shares of Direxion Auspice Broad Commodity Strategy ETF by 1.6% during the 1st quarter. Essential Partners LLC now owns 40,534 shares of the company’s stock worth $1,361,000 after buying an additional 634 shares in the last quarter. Cetera Investment Advisers grew its holdings in shares of Direxion Auspice Broad Commodity Strategy ETF by 3.0% in the second quarter. Cetera Investment Advisers now owns 22,239 shares of the company’s stock valued at $615,000 after acquiring an additional 642 shares in the last quarter. IFP Advisors Inc grew its holdings in shares of Direxion Auspice Broad Commodity Strategy ETF by 1.6% in the fourth quarter. IFP Advisors Inc now owns 46,992 shares of the company’s stock valued at $1,390,000 after acquiring an additional 743 shares in the last quarter. CoreCap Advisors LLC bought a new position in shares of Direxion Auspice Broad Commodity Strategy ETF in the fourth quarter valued at approximately $26,000. Finally, Riverbend Wealth Management LLC increased its position in shares of Direxion Auspice Broad Commodity Strategy ETF by 4.0% during the first quarter. Riverbend Wealth Management LLC now owns 24,373 shares of the company’s stock valued at $818,000 after acquiring an additional 947 shares during the last quarter.

About Direxion Auspice Broad Commodity Strategy ETF

The Direxion Auspice Broad Commodity Strategy ETF (COM) is an exchange-traded fund that is based on the Auspice Broad Commodity index. The fund tracks a broad-market index consisting of 12 commodity futures contracts, weighted by historical volatility, which can toggle to cash based on momentum. The fund will also hold short-term fixed income securities as collateral. COM was launched on Mar 30, 2017 and is managed by Direxion.