Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM) Short Interest Up 382.5% in December

Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM) was the recipient of a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 14,890 shares, an increase of 382.5% from the December 15th total of 3,086 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily volume of 41,447 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily volume of 41,447 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.3% of the company’s shares are sold short.

Direxion Auspice Broad Commodity Strategy ETF Stock Up 0.9%

Shares of NYSEARCA COM traded up $0.27 during mid-day trading on Wednesday, hitting $30.80. The stock had a trading volume of 22,519 shares, compared to its average volume of 67,636. The business has a 50 day moving average price of $29.69 and a two-hundred day moving average price of $28.81. Direxion Auspice Broad Commodity Strategy ETF has a 1 year low of $27.46 and a 1 year high of $30.96.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of COM. CoreCap Advisors LLC purchased a new stake in Direxion Auspice Broad Commodity Strategy ETF in the 4th quarter worth approximately $26,000. SBI Securities Co. Ltd. raised its holdings in shares of Direxion Auspice Broad Commodity Strategy ETF by 24.1% during the second quarter. SBI Securities Co. Ltd. now owns 2,110 shares of the company’s stock valued at $58,000 after acquiring an additional 410 shares in the last quarter. Ameritas Advisory Services LLC purchased a new stake in Direxion Auspice Broad Commodity Strategy ETF in the second quarter worth $67,000. Farther Finance Advisors LLC increased its position in Direxion Auspice Broad Commodity Strategy ETF by 2,996.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 5,604 shares of the company’s stock valued at $161,000 after purchasing an additional 5,423 shares during the period. Finally, Verus Capital Partners LLC purchased a new position in Direxion Auspice Broad Commodity Strategy ETF during the 3rd quarter valued at $237,000.

Direxion Auspice Broad Commodity Strategy ETF Company Profile

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.