Short Interest in iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG) Declines By 56.8%

iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG) was the target of a large decline in short interest in January. As of January 30th, there was short interest totaling 159,572 shares, a decline of 56.8% from the January 15th total of 369,129 shares. Currently, 0.4% of the company’s stock are sold short. Based on an average trading volume of 980,658 shares, the days-to-cover ratio is currently 0.2 days. Based on an average trading volume of 980,658 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.4% of the company’s stock are sold short.

Institutional Investors Weigh In On iShares S&P GSCI Commodity-Indexed Trust

Several hedge funds have recently modified their holdings of the stock. Aspect Partners LLC purchased a new position in iShares S&P GSCI Commodity-Indexed Trust in the 2nd quarter worth approximately $524,000. Rakuten Investment Management Inc. purchased a new stake in shares of iShares S&P GSCI Commodity-Indexed Trust during the third quarter valued at approximately $2,718,000. Quadrature Capital Ltd lifted its position in shares of iShares S&P GSCI Commodity-Indexed Trust by 422.0% during the second quarter. Quadrature Capital Ltd now owns 360,943 shares of the company’s stock worth $7,961,000 after purchasing an additional 291,803 shares in the last quarter. Envestnet Portfolio Solutions Inc. boosted its stake in shares of iShares S&P GSCI Commodity-Indexed Trust by 34.4% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 16,303 shares of the company’s stock valued at $359,000 after purchasing an additional 4,177 shares during the period. Finally, Quent Capital LLC boosted its stake in shares of iShares S&P GSCI Commodity-Indexed Trust by 9.9% in the third quarter. Quent Capital LLC now owns 743,262 shares of the company’s stock valued at $17,073,000 after purchasing an additional 66,815 shares during the period. 60.67% of the stock is currently owned by hedge funds and other institutional investors.

iShares S&P GSCI Commodity-Indexed Trust Price Performance

NYSEARCA GSG traded down $0.54 during trading hours on Thursday, hitting $24.69. The company had a trading volume of 177,123 shares, compared to its average volume of 970,115. The firm’s 50 day moving average is $23.88 and its 200 day moving average is $23.20. iShares S&P GSCI Commodity-Indexed Trust has a fifty-two week low of $19.86 and a fifty-two week high of $26.33. The company has a market capitalization of $1.06 billion, a price-to-earnings ratio of 4.78 and a beta of 0.25.

About iShares S&P GSCI Commodity-Indexed Trust

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.