Short Interest in Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM) Grows By 161.7%

Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM) was the recipient of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 34,645 shares, an increase of 161.7% from the June 15th total of 13,240 shares. Based on an average daily volume of 147,399 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.6% of the shares of the company are short sold.

Direxion Auspice Broad Commodity Strategy ETF Trading Up 0.5%

NYSEARCA COM opened at $33.51 on Tuesday. Direxion Auspice Broad Commodity Strategy ETF has a one year low of $27.46 and a one year high of $35.62. The business’s fifty day moving average is $33.66 and its 200-day moving average is $32.62.

Institutional Trading of Direxion Auspice Broad Commodity Strategy ETF

Hedge funds have recently added to or reduced their stakes in the stock. Pasadena Private Wealth LLC boosted its stake in Direxion Auspice Broad Commodity Strategy ETF by 17.4% in the first quarter. Pasadena Private Wealth LLC now owns 357,317 shares of the company’s stock valued at $11,995,000 after acquiring an additional 52,895 shares during the last quarter. Virtu Financial LLC increased its stake in shares of Direxion Auspice Broad Commodity Strategy ETF by 233.3% during the 4th quarter. Virtu Financial LLC now owns 23,927 shares of the company’s stock worth $708,000 after purchasing an additional 16,748 shares during the last quarter. Rooted Wealth Advisors Inc. increased its stake in shares of Direxion Auspice Broad Commodity Strategy ETF by 14.3% during the 1st quarter. Rooted Wealth Advisors Inc. now owns 40,888 shares of the company’s stock worth $1,372,000 after purchasing an additional 5,111 shares during the last quarter. Nations Financial Group Inc. IA ADV raised its holdings in shares of Direxion Auspice Broad Commodity Strategy ETF by 12.7% in the 1st quarter. Nations Financial Group Inc. IA ADV now owns 92,972 shares of the company’s stock worth $3,121,000 after purchasing an additional 10,506 shares during the period. Finally, Integrity Advisory Solutions LLC raised its holdings in shares of Direxion Auspice Broad Commodity Strategy ETF by 10.9% in the 4th quarter. Integrity Advisory Solutions LLC now owns 16,021 shares of the company’s stock worth $474,000 after purchasing an additional 1,576 shares during the period.

Direxion Auspice Broad Commodity Strategy ETF Company Profile

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.