Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM) Short Interest Up 1,524.0% in May

Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM) saw a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 161,104 shares, an increase of 1,524.0% from the April 30th total of 9,920 shares. Based on an average trading volume of 202,848 shares, the days-to-cover ratio is presently 0.8 days. Currently, 2.1% of the shares of the stock are short sold.

Institutional Trading of Direxion Auspice Broad Commodity Strategy ETF

A number of institutional investors have recently added to or reduced their stakes in COM. Stratos Investment Management LLC increased its holdings in Direxion Auspice Broad Commodity Strategy ETF by 92.6% in 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 in the last quarter. Nvest Wealth Strategies Inc. acquired a new stake in shares of Direxion Auspice Broad Commodity Strategy ETF during the 4th quarter valued at approximately $333,000. Nations Financial Group Inc. IA ADV boosted its stake in shares of Direxion Auspice Broad Commodity Strategy ETF by 7.7% during the 4th quarter. Nations Financial Group Inc. IA ADV now owns 82,466 shares of the company’s stock worth $2,439,000 after acquiring an additional 5,888 shares in the last quarter. Ifrah Financial Services Inc. boosted its stake in shares of Direxion Auspice Broad Commodity Strategy ETF by 1.2% during the 4th quarter. Ifrah Financial Services Inc. now owns 121,101 shares of the company’s stock worth $3,582,000 after acquiring an additional 1,427 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC grew its holdings in shares of Direxion Auspice Broad Commodity Strategy ETF by 1.0% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 176,048 shares of the company’s stock worth $5,207,000 after acquiring an additional 1,777 shares during the period.

Direxion Auspice Broad Commodity Strategy ETF Stock Performance

Shares of NYSEARCA COM opened at $33.95 on Thursday. Direxion Auspice Broad Commodity Strategy ETF has a one year low of $27.46 and a one year high of $35.62. The company’s fifty day moving average is $33.91 and its two-hundred day moving average is $31.79.

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.