iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT – Get Free Report) was the target of a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 94,878 shares, a drop of 48.0% from the June 15th total of 182,440 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average daily volume of 350,954 shares, the short-interest ratio is currently 0.3 days.
Institutional Inflows and Outflows
Several large investors have recently made changes to their positions in COMT. Kingdom Financial Group LLC. bought a new stake in iShares GSCI Commodity Dynamic Roll Strategy ETF during the fourth quarter valued at about $30,000. Triumph Capital Management purchased a new position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF in the 3rd quarter worth approximately $33,000. Tucker Asset Management LLC bought a new position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the 4th quarter worth approximately $31,000. EFG International AG bought a new position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the 4th quarter worth approximately $45,000. Finally, Advisory Services Network LLC purchased a new stake in iShares GSCI Commodity Dynamic Roll Strategy ETF during the third quarter valued at approximately $63,000. 1.80% of the stock is owned by institutional investors.
iShares GSCI Commodity Dynamic Roll Strategy ETF Stock Down 0.3%
Shares of NASDAQ COMT traded down $0.10 during midday trading on Thursday, reaching $32.47. 336,032 shares of the company’s stock traded hands, compared to its average volume of 582,343. The stock’s 50 day simple moving average is $33.00 and its 200-day simple moving average is $30.91. iShares GSCI Commodity Dynamic Roll Strategy ETF has a one year low of $24.24 and a one year high of $36.65. The company has a market cap of $1.16 billion, a price-to-earnings ratio of -15.69 and a beta of 0.09.
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.
See Also
- Five stocks we like better than iShares GSCI Commodity Dynamic Roll Strategy ETF
- Why Uber’s Biggest Deal Yet Could Unlock Its Next Growth Phase
- Why Microsoft Is Playing a Different AI Game Than Big Tech—and Cash Flow Is the Test
- Trump Accounts: Comparing the 5 Selected Low-Cost Index ETFs
- Toast’s Comeback Story Is Getting Harder for Wall Street to Ignore
Receive News & Ratings for iShares GSCI Commodity Dynamic Roll Strategy ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares GSCI Commodity Dynamic Roll Strategy ETF and related companies with MarketBeat.com's FREE daily email newsletter.
