iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) Sees Significant Increase in Short Interest

iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) saw a large increase in short interest in December. As of December 15th, there was short interest totaling 26,496 shares, an increase of 97.0% from the November 30th total of 13,449 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 409,339 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 409,339 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are short sold.

Institutional Trading of iShares GSCI Commodity Dynamic Roll Strategy ETF

A number of institutional investors and hedge funds have recently made changes to their positions in COMT. Ameritas Advisory Services LLC bought a new position in iShares GSCI Commodity Dynamic Roll Strategy ETF during the second quarter valued at about $30,000. Focus Partners Wealth boosted its position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 1.3% during the 1st quarter. Focus Partners Wealth now owns 274,387 shares of the company’s stock valued at $7,263,000 after purchasing an additional 3,415 shares in the last quarter. AE Wealth Management LLC boosted its position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 17.5% during the 2nd quarter. AE Wealth Management LLC now owns 12,936 shares of the company’s stock valued at $334,000 after purchasing an additional 1,925 shares in the last quarter. Quadrature Capital Ltd grew its stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 200.9% in the 2nd quarter. Quadrature Capital Ltd now owns 234,889 shares of the company’s stock worth $6,072,000 after purchasing an additional 156,836 shares during the last quarter. Finally, Pettinga Financial Advisors LLC raised its holdings in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 8.3% in the 2nd quarter. Pettinga Financial Advisors LLC now owns 60,388 shares of the company’s stock worth $1,561,000 after purchasing an additional 4,634 shares in the last quarter. 1.80% of the stock is currently owned by institutional investors and hedge funds.

iShares GSCI Commodity Dynamic Roll Strategy ETF Price Performance

COMT traded up $0.06 during trading hours on Monday, hitting $25.06. 36,897 shares of the stock were exchanged, compared to its average volume of 202,653. The stock has a market cap of $593.80 million, a price-to-earnings ratio of -12.10 and a beta of 0.23. The stock has a 50-day simple moving average of $26.47 and a 200-day simple moving average of $26.49. iShares GSCI Commodity Dynamic Roll Strategy ETF has a 12 month low of $23.11 and a 12 month high of $27.62.

iShares GSCI Commodity Dynamic Roll Strategy ETF Dividend Announcement

The business also recently announced an annual dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were paid a $1.9271 dividend. This represents a yield of 795.0%. The ex-dividend date was Tuesday, December 16th. iShares GSCI Commodity Dynamic Roll Strategy ETF’s payout ratio is presently -59.90%.

About iShares GSCI Commodity Dynamic Roll Strategy ETF

The iShares GSCI Commodity Dynamic Roll Strategy ETF (COMT) is an exchange-traded fund that is based on the S&P GSCI Dynamic Roll index. The fund tracks a broad-market commodity index that utilizes a flexible dynamic roll strategy. COMT was launched on Oct 16, 2014 and is managed by BlackRock.