Short Interest in iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) Expands By 264.1%

iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) was the recipient of a large increase in short interest in July. As of July 31st, there was short interest totaling 48,687 shares, an increase of 264.1% from the July 15th total of 13,371 shares. Based on an average trading volume of 42,866 shares, the days-to-cover ratio is presently 1.1 days. Approximately 0.5% of the company’s stock are short sold.

Institutional Investors Weigh In On iShares Bloomberg Roll Select Commodity Strategy ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Fiducient Advisors LLC bought a new stake in iShares Bloomberg Roll Select Commodity Strategy ETF during the fourth quarter worth $1,570,000. Principal Securities Inc. boosted its position in iShares Bloomberg Roll Select Commodity Strategy ETF by 6.9% in the fourth quarter. Principal Securities Inc. now owns 287,546 shares of the company’s stock worth $14,018,000 after purchasing an additional 18,640 shares during the last quarter. Disciplina Capital Management LLC grew its stake in iShares Bloomberg Roll Select Commodity Strategy ETF by 21.6% in the 4th quarter. Disciplina Capital Management LLC now owns 194,906 shares of the company’s stock valued at $9,502,000 after purchasing an additional 34,556 shares during the period. SteelPeak Wealth LLC grew its stake in iShares Bloomberg Roll Select Commodity Strategy ETF by 85.7% in the 1st quarter. SteelPeak Wealth LLC now owns 26,007 shares of the company’s stock valued at $1,545,000 after purchasing an additional 12,002 shares during the period. Finally, Little House Capital LLC purchased a new stake in shares of iShares Bloomberg Roll Select Commodity Strategy ETF during the 1st quarter valued at $1,026,000.

iShares Bloomberg Roll Select Commodity Strategy ETF Price Performance

CMDY opened at $60.74 on Thursday. The company’s 50-day moving average is $57.83 and its 200 day moving average is $57.93. iShares Bloomberg Roll Select Commodity Strategy ETF has a fifty-two week low of $47.63 and a fifty-two week high of $63.76.

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.