Short Interest in Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM) Decreases By 88.7%

Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM) saw a significant drop in short interest in the month of March. As of March 13th, there was short interest totaling 15,333 shares, a drop of 88.7% from the February 26th total of 135,502 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 159,074 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 159,074 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.3% of the company’s stock are short sold.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of COM. CoreCap Advisors LLC acquired a new position in shares of Direxion Auspice Broad Commodity Strategy ETF in the fourth quarter valued at approximately $26,000. Kestra Advisory Services LLC acquired a new stake in shares of Direxion Auspice Broad Commodity Strategy ETF during the fourth quarter worth $99,000. Farther Finance Advisors LLC raised its holdings in shares of Direxion Auspice Broad Commodity Strategy ETF by 2,996.1% during the third quarter. Farther Finance Advisors LLC now owns 5,604 shares of the company’s stock worth $161,000 after acquiring an additional 5,423 shares during the period. Verus Capital Partners LLC bought a new stake in Direxion Auspice Broad Commodity Strategy ETF in the 3rd quarter valued at $237,000. Finally, Nvest Wealth Strategies Inc. bought a new stake in Direxion Auspice Broad Commodity Strategy ETF in the 4th quarter valued at $333,000.

Direxion Auspice Broad Commodity Strategy ETF Trading Up 0.2%

Shares of NYSEARCA:COM traded up $0.07 during trading on Tuesday, hitting $33.31. 191,239 shares of the company’s stock traded hands, compared to its average volume of 116,592. The company has a 50-day moving average price of $31.87 and a 200-day moving average price of $30.19. Direxion Auspice Broad Commodity Strategy ETF has a 52 week low of $27.46 and a 52 week high of $34.08.

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.