VanEck Commodity Strategy ETF (BATS:PIT) Short Interest Update

VanEck Commodity Strategy ETF (BATS:PIT) was the recipient of a significant increase in short interest in June. As of June 15th, there was short interest totaling 8,425 shares, an increase of 256.1% from the May 31st total of 2,366 shares. Approximately 1.2% of the shares of the company are short sold. Based on an average trading volume of 77,231 shares, the short-interest ratio is currently 0.1 days.

Institutional Trading of VanEck Commodity Strategy ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. Van ECK Associates Corp grew its holdings in VanEck Commodity Strategy ETF by 13.4% during the 3rd quarter. Van ECK Associates Corp now owns 625,322 shares of the company’s stock valued at $34,280,000 after buying an additional 74,013 shares in the last quarter. ORG Partners LLC lifted its holdings in shares of VanEck Commodity Strategy ETF by 11.4% in the fourth quarter. ORG Partners LLC now owns 39,123 shares of the company’s stock worth $2,068,000 after buying an additional 4,009 shares in the last quarter. Saxony Capital Management LLC bought a new position in shares of VanEck Commodity Strategy ETF in the fourth quarter valued at approximately $729,000. Breakwater Investment Management boosted its position in shares of VanEck Commodity Strategy ETF by 6.2% in the fourth quarter. Breakwater Investment Management now owns 12,220 shares of the company’s stock valued at $645,000 after acquiring an additional 711 shares during the period. Finally, Tucker Asset Management LLC bought a new position in shares of VanEck Commodity Strategy ETF in the fourth quarter valued at approximately $104,000.

VanEck Commodity Strategy ETF Price Performance

VanEck Commodity Strategy ETF stock opened at $65.44 on Monday. VanEck Commodity Strategy ETF has a one year low of $50.84 and a one year high of $78.42. The business has a fifty day moving average price of $72.74 and a 200-day moving average price of $65.52.

VanEck Commodity Strategy ETF Company Profile

The VanEck Commodity Strategy ETF (PIT) is an exchange-traded fund that mostly invests in broad market commodities. The fund is an actively managed fund that invests in commodity securities from the energy, precious metals, industrial metals, agriculture and livestock sectors. The fund uses an optimized process to maximize risk-adjusted returns. PIT was launched on Dec 20, 2022 and is managed by VanEck.