Short Interest in Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM) Increases By 1,334.1%

Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM) was the target of a significant growth in short interest in the month of January. As of January 30th, there was short interest totaling 12,792 shares, a growth of 1,334.1% from the January 15th total of 892 shares. Based on an average trading volume of 37,461 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.2% of the company’s shares are sold short. Approximately 0.2% of the company’s shares are sold short. Based on an average trading volume of 37,461 shares, the days-to-cover ratio is presently 0.3 days.

Direxion Auspice Broad Commodity Strategy ETF Stock Down 1.6%

Shares of NYSEARCA:COM traded down $0.49 during mid-day trading on Thursday, hitting $30.92. The stock had a trading volume of 13,195 shares, compared to its average volume of 50,586. The company’s 50 day moving average is $30.36 and its 200-day moving average is $29.24. Direxion Auspice Broad Commodity Strategy ETF has a 12-month low of $27.46 and a 12-month high of $32.32.

Institutional Trading of Direxion Auspice Broad Commodity Strategy ETF

Several hedge funds and other institutional investors have recently modified their holdings of COM. Stratos Investment Management LLC raised its position in Direxion Auspice Broad Commodity Strategy ETF by 92.6% during the third quarter. Stratos Investment Management LLC now owns 431,456 shares of the company’s stock valued at $12,397,000 after buying an additional 207,425 shares during the period. Pasadena Private Wealth LLC boosted its position in Direxion Auspice Broad Commodity Strategy ETF by 27.6% during the 3rd quarter. Pasadena Private Wealth LLC now owns 256,830 shares of the company’s stock worth $7,379,000 after acquiring an additional 55,598 shares during the period. VestGen Advisors LLC purchased a new position in Direxion Auspice Broad Commodity Strategy ETF during the 2nd quarter valued at about $884,000. NewEdge Advisors LLC acquired a new position in shares of Direxion Auspice Broad Commodity Strategy ETF in the 1st quarter valued at about $715,000. Finally, Flow Traders U.S. LLC increased its holdings in shares of Direxion Auspice Broad Commodity Strategy ETF by 36.5% in the 2nd quarter. Flow Traders U.S. LLC now owns 58,599 shares of the company’s stock valued at $1,621,000 after purchasing an additional 15,664 shares during the period.

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.