SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF (NYSEARCA:CERY) Short Interest Update

SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF (NYSEARCA:CERY) saw a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 102,511 shares, a growth of 63.0% from the August 15th total of 62,893 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average trading volume of 84,868 shares, the days-to-cover ratio is currently 1.2 days.

SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF Stock Performance

SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF stock traded up $0.01 during mid-day trading on Thursday, reaching $39.76. 87,677 shares of the company’s stock were exchanged, compared to its average volume of 186,739. The business’s fifty day simple moving average is $37.27 and its 200 day simple moving average is $36.08. SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF has a one year low of $28.06 and a one year high of $40.34.

Hedge Funds Weigh In On SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Strategic Investment Advisors MI bought a new position in SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF during the first quarter valued at about $247,000. USAdvisors Wealth Management LLC bought a new stake in SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF in the first quarter worth about $203,000. Finally, Oarsman Capital Inc. boosted its stake in SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF by 37.9% in the fourth quarter. Oarsman Capital Inc. now owns 24,488 shares of the company’s stock valued at $699,000 after acquiring an additional 6,728 shares during the last quarter.

About SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF

The SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF (CERY) is an exchange-traded fund that is based on the Bloomberg Enhanced Roll Yield index. The fund tracks a liquid, broad commodity index, providing diversified exposure across five commodity sectors. The index utilizes an enhanced roll methodology designed to mitigate the impact of negative carry. CERY was launched on Sep 4, 2024 and is issued by State Street.