iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) Short Interest Down 48.0% in June

iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) was the target of a large decrease in short interest in June. As of June 30th, there was short interest totaling 94,878 shares, a decrease of 48.0% from the June 15th total of 182,440 shares. Based on an average daily trading volume, of 350,954 shares, the short-interest ratio is presently 0.3 days. Approximately 0.3% of the shares of the stock are short sold.

Institutional Investors Weigh In On iShares GSCI Commodity Dynamic Roll Strategy ETF

A number of hedge funds have recently made changes to their positions in COMT. Nolet Wealth Management LLC boosted its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 3.2% in the second quarter. Nolet Wealth Management LLC now owns 15,500 shares of the company’s stock valued at $471,000 after buying an additional 483 shares in the last quarter. Aletheian Wealth Advisors LLC increased its holdings in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 1.1% during the second quarter. Aletheian Wealth Advisors LLC now owns 62,373 shares of the company’s stock worth $1,894,000 after buying an additional 684 shares in the last quarter. Ryan Investment Management Inc. acquired a new stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the second quarter worth approximately $308,000. NewEdge Advisors LLC raised its stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 20.0% in the first quarter. NewEdge Advisors LLC now owns 84,568 shares of the company’s stock valued at $2,859,000 after acquiring an additional 14,120 shares during the last quarter. Finally, Essential Partners LLC boosted its holdings in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 2.4% in the 1st quarter. Essential Partners LLC now owns 48,567 shares of the company’s stock worth $1,642,000 after acquiring an additional 1,146 shares in the last quarter. Institutional investors and hedge funds own 1.80% of the company’s stock.

iShares GSCI Commodity Dynamic Roll Strategy ETF Trading Up 0.3%

COMT stock traded up $0.10 during trading on Wednesday, hitting $32.45. The company had a trading volume of 268,507 shares, compared to its average volume of 583,529. The company has a fifty day moving average price of $33.04 and a two-hundred day moving average price of $30.86. iShares GSCI Commodity Dynamic Roll Strategy ETF has a fifty-two week low of $24.24 and a fifty-two week high of $36.65. The company has a market cap of $1.16 billion, a P/E ratio of -15.68 and a beta of 0.09.

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.