Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM) Short Interest Down 94.0% in January

Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM) was the target of a significant decrease in short interest in January. As of January 15th, there was short interest totaling 892 shares, a decrease of 94.0% from the December 31st total of 14,890 shares. Based on an average daily trading volume, of 64,835 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 64,835 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Investors Weigh In On Direxion Auspice Broad Commodity Strategy ETF

Institutional investors have recently added to or reduced their stakes in the company. Ameritas Advisory Services LLC purchased a new stake in shares of Direxion Auspice Broad Commodity Strategy ETF during the 2nd quarter valued at $67,000. Pasadena Private Wealth LLC increased its stake in shares of Direxion Auspice Broad Commodity Strategy ETF by 27.6% in the third quarter. Pasadena Private Wealth LLC now owns 256,830 shares of the company’s stock worth $7,379,000 after purchasing an additional 55,598 shares in the last quarter. Wealthcare Advisory Partners LLC grew its stake in Direxion Auspice Broad Commodity Strategy ETF by 15.4% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 160,066 shares of the company’s stock valued at $4,427,000 after buying an additional 21,354 shares in the last quarter. Riverbend Wealth Management LLC boosted its holdings in shares of Direxion Auspice Broad Commodity Strategy ETF by 3.2% in the second quarter. Riverbend Wealth Management LLC now owns 21,308 shares of the company’s stock worth $589,000 after acquiring an additional 656 shares during the period. Finally, Stratos Investment Management LLC grew its position in shares of Direxion Auspice Broad Commodity Strategy ETF by 4.1% in the second quarter. Stratos Investment Management LLC now owns 224,031 shares of the company’s stock valued at $6,197,000 after purchasing an additional 8,800 shares in the last quarter.

Direxion Auspice Broad Commodity Strategy ETF Price Performance

COM traded up $0.16 during mid-day trading on Thursday, reaching $31.98. 65,853 shares of the stock were exchanged, compared to its average volume of 48,687. The company has a 50 day moving average price of $30.10 and a two-hundred day moving average price of $29.06. Direxion Auspice Broad Commodity Strategy ETF has a 1 year low of $27.46 and a 1 year high of $32.32.

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.