iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) Sees Significant Decrease in Short Interest

iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) saw a significant drop in short interest in the month of January. As of January 15th, there was short interest totaling 167,141 shares, a drop of 65.2% from the December 31st total of 480,921 shares. Based on an average daily volume of 281,041 shares, the short-interest ratio is currently 0.6 days. Currently, 0.7% of the shares of the stock are short sold. Currently, 0.7% of the shares of the stock are short sold. Based on an average daily volume of 281,041 shares, the short-interest ratio is currently 0.6 days.

iShares GSCI Commodity Dynamic Roll Strategy ETF Stock Up 1.5%

COMT stock opened at $27.19 on Wednesday. iShares GSCI Commodity Dynamic Roll Strategy ETF has a 52 week low of $23.11 and a 52 week high of $27.62. The business has a 50-day simple moving average of $25.93 and a 200 day simple moving average of $26.36. The company has a market cap of $685.19 million, a PE ratio of -13.14 and a beta of 0.23.

iShares GSCI Commodity Dynamic Roll Strategy ETF Announces Dividend

The company also recently declared an annual dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were given a dividend of $1.9271 per share. The ex-dividend date was Tuesday, December 16th. This represents a dividend yield of 795.0%. iShares GSCI Commodity Dynamic Roll Strategy ETF’s dividend payout ratio (DPR) is currently -59.90%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Tradewinds Capital Management LLC increased its stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 14,612.1% in the 3rd quarter. Tradewinds Capital Management LLC now owns 1,111,648 shares of the company’s stock valued at $29,848,000 after purchasing an additional 1,104,092 shares during the last quarter. TRUE Private Wealth Advisors bought a new position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF in the 2nd quarter valued at $16,741,000. Assetmark Inc. grew its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 1,059.2% during the 4th quarter. Assetmark Inc. now owns 228,005 shares of the company’s stock worth $5,676,000 after acquiring an additional 208,335 shares during the last quarter. Tcfg Wealth Management LLC increased its holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF by 2,367.0% in the 3rd quarter. Tcfg Wealth Management LLC now owns 201,456 shares of the company’s stock worth $5,409,000 after purchasing an additional 193,290 shares in the last quarter. Finally, Quadrature Capital Ltd raised its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 200.9% in the second quarter. Quadrature Capital Ltd now owns 234,889 shares of the company’s stock valued at $6,072,000 after purchasing an additional 156,836 shares during the last quarter. 1.80% of the stock is currently owned by institutional investors and hedge funds.

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.