GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (NYSEARCA:COMB) Short Interest Update

GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (NYSEARCA:COMB) was the recipient of a significant growth in short interest in February. As of February 27th, there was short interest totaling 41,623 shares, a growth of 56.0% from the February 12th total of 26,688 shares. Approximately 0.7% of the company’s stock are sold short. Based on an average daily volume of 24,595 shares, the short-interest ratio is currently 1.7 days. Based on an average daily volume of 24,595 shares, the short-interest ratio is currently 1.7 days. Approximately 0.7% of the company’s stock are sold short.

GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF Stock Performance

Shares of NYSEARCA COMB traded down $0.11 during mid-day trading on Friday, reaching $26.08. 28,466 shares of the company traded hands, compared to its average volume of 64,991. GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF has a fifty-two week low of $19.71 and a fifty-two week high of $26.25. The company’s fifty day moving average is $23.05 and its two-hundred day moving average is $22.48.

Hedge Funds Weigh In On GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Comerica Bank acquired a new stake in shares of GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF during the first quarter worth approximately $28,000. Osaic Holdings Inc. boosted its stake in GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF by 184.0% during the 2nd quarter. Osaic Holdings Inc. now owns 3,215 shares of the company’s stock worth $67,000 after acquiring an additional 2,083 shares during the last quarter. IFP Advisors Inc boosted its stake in GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF by 13.3% during the 4th quarter. IFP Advisors Inc now owns 4,436 shares of the company’s stock worth $94,000 after acquiring an additional 521 shares during the last quarter. Focus Partners Wealth grew its holdings in GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF by 24.9% during the third quarter. Focus Partners Wealth now owns 17,601 shares of the company’s stock valued at $384,000 after purchasing an additional 3,510 shares during the period. Finally, Brooklyn Investment Group grew its holdings in GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF by 12.3% during the third quarter. Brooklyn Investment Group now owns 25,276 shares of the company’s stock valued at $551,000 after purchasing an additional 2,770 shares during the period.

About GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF

The GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (COMB) is an exchange-traded fund that is based on the Bloomberg Commodity index. The fund seeks to outperform a broad commodity market index through active management of the funds collateral. The index include futures contracts on up to 24 different commodities. COMB was launched on May 22, 2017 and is managed by GraniteShares.