iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) Short Interest Update

iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) was the recipient of a significant increase in short interest during the month of March. As of March 13th, there was short interest totaling 558,171 shares, an increase of 401.8% from the February 26th total of 111,227 shares. Approximately 2.2% of the shares of the company are sold short. Based on an average daily trading volume, of 897,962 shares, the days-to-cover ratio is presently 0.6 days. Based on an average daily trading volume, of 897,962 shares, the days-to-cover ratio is presently 0.6 days. Approximately 2.2% of the shares of the company are sold short.

Institutional Investors Weigh In On iShares GSCI Commodity Dynamic Roll Strategy ETF

A number of large investors have recently added to or reduced their stakes in the business. Kingdom Financial Group LLC. bought a new position in iShares GSCI Commodity Dynamic Roll Strategy ETF during the fourth quarter worth $30,000. Triumph Capital Management bought a new position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF in the third quarter valued at about $33,000. Tucker Asset Management LLC acquired a new stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the 4th quarter worth about $31,000. EFG International AG bought a new stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the 4th quarter worth about $45,000. Finally, Advisory Services Network LLC bought a new stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the 3rd quarter worth about $63,000. Institutional investors own 1.80% of the company’s stock.

iShares GSCI Commodity Dynamic Roll Strategy ETF Trading Up 2.0%

Shares of COMT traded up $0.63 during mid-day trading on Tuesday, reaching $32.62. The company’s stock had a trading volume of 474,698 shares, compared to its average volume of 417,691. iShares GSCI Commodity Dynamic Roll Strategy ETF has a 1-year low of $23.11 and a 1-year high of $33.94. The stock has a market cap of $822.02 million, a P/E ratio of -15.76 and a beta of 0.23. The business has a 50-day simple moving average of $28.57 and a two-hundred day simple moving average of $27.16.

iShares GSCI Commodity Dynamic Roll Strategy ETF Company Profile

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.