Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM – Get Free Report) was the target of a significant drop in short interest in February. As of February 13th, there was short interest totaling 7,324 shares, a drop of 42.7% from the January 29th total of 12,792 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 50,842 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 50,842 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are short sold.
Institutional Trading of Direxion Auspice Broad Commodity Strategy ETF
Several hedge funds have recently modified their holdings of COM. CoreCap Advisors LLC bought a new position in Direxion Auspice Broad Commodity Strategy ETF during the fourth quarter worth $26,000. SBI Securities Co. Ltd. raised its holdings in shares of Direxion Auspice Broad Commodity Strategy ETF by 24.1% during the second quarter. SBI Securities Co. Ltd. now owns 2,110 shares of the company’s stock valued at $58,000 after purchasing an additional 410 shares during the period. Kestra Advisory Services LLC bought a new position in shares of Direxion Auspice Broad Commodity Strategy ETF during the 4th quarter worth about $99,000. Farther Finance Advisors LLC grew its stake in shares of Direxion Auspice Broad Commodity Strategy ETF by 2,996.1% in the 3rd quarter. Farther Finance Advisors LLC now owns 5,604 shares of the company’s stock valued at $161,000 after buying an additional 5,423 shares during the period. Finally, Verus Capital Partners LLC acquired a new stake in shares of Direxion Auspice Broad Commodity Strategy ETF in the 3rd quarter valued at about $237,000.
Direxion Auspice Broad Commodity Strategy ETF Stock Up 0.8%
COM stock traded up $0.25 during midday trading on Friday, hitting $31.96. The company’s stock had a trading volume of 82,408 shares, compared to its average volume of 55,772. The company’s fifty day moving average price is $30.77 and its 200 day moving average price is $29.53. Direxion Auspice Broad Commodity Strategy ETF has a twelve month low of $27.46 and a twelve month high of $32.32.
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.
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