iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG) Short Interest Update

iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG) was the recipient of a significant decline in short interest during the month of January. As of January 15th, there was short interest totaling 369,129 shares, a decline of 75.3% from the December 31st total of 1,493,479 shares. Currently, 0.8% of the shares of the company are short sold. Based on an average trading volume of 509,907 shares, the days-to-cover ratio is currently 0.7 days. Based on an average trading volume of 509,907 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.8% of the shares of the company are short sold.

iShares S&P GSCI Commodity-Indexed Trust Trading Down 1.9%

Shares of GSG stock traded down $0.49 during trading hours on Friday, hitting $25.48. 6,969,924 shares of the company were exchanged, compared to its average volume of 745,241. The stock has a market capitalization of $1.20 billion, a price-to-earnings ratio of 4.78 and a beta of 0.25. The firm has a fifty day simple moving average of $23.56 and a 200 day simple moving average of $23.06. iShares S&P GSCI Commodity-Indexed Trust has a 52-week low of $19.86 and a 52-week high of $26.33.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in GSG. Strengthening Families & Communities LLC purchased a new position in shares of iShares S&P GSCI Commodity-Indexed Trust in the second quarter valued at $26,000. Headlands Technologies LLC bought a new position in iShares S&P GSCI Commodity-Indexed Trust during the 2nd quarter worth approximately $35,000. Sound Income Strategies LLC bought a new stake in iShares S&P GSCI Commodity-Indexed Trust in the 2nd quarter worth $41,000. Bfsg LLC purchased a new position in iShares S&P GSCI Commodity-Indexed Trust during the 4th quarter valued at $42,000. Finally, Sunbelt Securities Inc. grew its stake in iShares S&P GSCI Commodity-Indexed Trust by 23.0% in the third quarter. Sunbelt Securities Inc. now owns 2,868 shares of the company’s stock worth $66,000 after purchasing an additional 537 shares during the period. Hedge funds and other institutional investors own 60.67% of the company’s stock.

iShares S&P GSCI Commodity-Indexed Trust Company Profile

iShares S&P GSCI Commodity-Indexed Trust (The Trust) is an investment trust that issues units of beneficial interest (shares) representing fractional undivided beneficial interests in its net assets. The Trust’s objective is to track the results of a fully collateralized investment in futures contracts on an index composed of a diversified group of commodities futures and to track the investment returns of the index before payment of the Trust’s expenses and liabilities. The Trust is a commodity pool.