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

iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) saw a significant growth in short interest in the month of September. As of September 15th, there was short interest totalling 169,700 shares, a growth of 242.8% from the August 31st total of 49,500 shares. Based on an average daily volume of 152,700 shares, the days-to-cover ratio is presently 1.1 days.

Institutional Trading of iShares GSCI Commodity Dynamic Roll Strategy ETF

Several large investors have recently bought and sold shares of COMT. Sanctuary Advisors LLC purchased a new position in iShares GSCI Commodity Dynamic Roll Strategy ETF in the 2nd quarter valued at about $220,000. Carrera Capital Advisors acquired a new position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF in the second quarter worth about $6,490,000. Truist Financial Corp purchased a new position in iShares GSCI Commodity Dynamic Roll Strategy ETF in the second quarter valued at about $68,420,000. NewEdge Advisors LLC grew its stake in iShares GSCI Commodity Dynamic Roll Strategy ETF by 41,857.1% during the 2nd quarter. NewEdge Advisors LLC now owns 202,653 shares of the company’s stock valued at $5,534,000 after purchasing an additional 202,170 shares in the last quarter. Finally, Hancock Whitney Corp increased its holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF by 44.5% during the 2nd quarter. Hancock Whitney Corp now owns 93,546 shares of the company’s stock worth $2,555,000 after purchasing an additional 28,808 shares during the last quarter. Institutional investors and hedge funds own 1.80% of the company’s stock.

iShares GSCI Commodity Dynamic Roll Strategy ETF Stock Performance

Shares of NASDAQ:COMT traded up $0.19 during mid-day trading on Friday, hitting $25.95. 1,450,276 shares of the company traded hands, compared to its average volume of 223,136. The firm’s 50 day simple moving average is $25.92 and its 200 day simple moving average is $26.77. The firm has a market cap of $939.39 million, a P/E ratio of -12.48 and a beta of 0.53. iShares GSCI Commodity Dynamic Roll Strategy ETF has a 52-week low of $24.14 and a 52-week high of $29.62.

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.