Short Interest in GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (NYSEARCA:COMB) Rises By 103.6%

GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (NYSEARCA:COMB) saw a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 29,433 shares, a growth of 103.6% from the May 14th total of 14,459 shares. Currently, 0.5% of the company’s shares are sold short. Based on an average daily trading volume, of 39,013 shares, the days-to-cover ratio is currently 0.8 days.

Institutional Trading of GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF

A number of institutional investors have recently modified their holdings of COMB. Comerica Bank purchased a new stake in shares of GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF during the 1st quarter worth about $28,000. Jane Street Group LLC grew its holdings in shares of GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF by 188.0% during the 1st quarter. Jane Street Group LLC now owns 33,551 shares of the company’s stock worth $728,000 after purchasing an additional 21,900 shares during the period. Osaic Holdings Inc. grew its holdings in shares of 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 purchasing an additional 2,083 shares during the period. Prospect Financial Group LLC lifted its position in GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF by 3.2% during the 3rd quarter. Prospect Financial Group LLC now owns 90,174 shares of the company’s stock worth $1,966,000 after acquiring an additional 2,796 shares in the last quarter. Finally, Guardian Partners Inc. lifted its position in GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF by 6.4% during the 3rd quarter. Guardian Partners Inc. now owns 53,563 shares of the company’s stock worth $1,173,000 after acquiring an additional 3,218 shares in the last quarter.

GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF Stock Down 0.5%

COMB traded down $0.13 during midday trading on Monday, hitting $25.08. The company’s stock had a trading volume of 132,962 shares, compared to its average volume of 73,128. The firm has a 50-day moving average price of $26.57 and a two-hundred day moving average price of $24.50. GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF has a 52-week low of $20.23 and a 52-week high of $28.05.

GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF Company Profile

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.