Short Interest in iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) Decreases By 83.0%

iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) saw a significant decline in short interest in the month of June. As of June 30th, there was short interest totaling 9,302 shares, a decline of 83.0% from the June 15th total of 54,635 shares. Based on an average trading volume of 75,005 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are short sold.

iShares Bloomberg Roll Select Commodity Strategy ETF Stock Down 0.1%

Shares of NYSEARCA:CMDY traded down $0.04 during trading on Friday, hitting $56.93. 31,543 shares of the company traded hands, compared to its average volume of 77,752. The business’s fifty day moving average is $59.10 and its 200-day moving average is $56.44. iShares Bloomberg Roll Select Commodity Strategy ETF has a one year low of $47.63 and a one year high of $63.76.

Institutional Investors Weigh In On iShares Bloomberg Roll Select Commodity Strategy ETF

Large investors have recently added to or reduced their stakes in the stock. Kestra Advisory Services LLC acquired a new stake in shares of iShares Bloomberg Roll Select Commodity Strategy ETF in the 4th quarter worth about $26,000. Eagle Bay Advisors LLC acquired a new position in iShares Bloomberg Roll Select Commodity Strategy ETF during the 4th quarter valued at about $49,000. Advisory Services Network LLC acquired a new stake in shares of iShares Bloomberg Roll Select Commodity Strategy ETF in the third quarter valued at approximately $157,000. Manning & Napier Advisors LLC bought a new stake in shares of iShares Bloomberg Roll Select Commodity Strategy ETF during the fourth quarter valued at approximately $162,000. Finally, Advisors Preferred LLC bought a new stake in shares of iShares Bloomberg Roll Select Commodity Strategy ETF during the first quarter valued at approximately $163,000.

iShares Bloomberg Roll Select Commodity Strategy ETF Company Profile

The iShares Bloomberg Roll Select Broad Commodity ETF (CMDY) is an exchange-traded fund that is based on the Bloomberg Roll Select Commodity index. The fund tracks an index that holds futures contracts on a roll-cost optimized broad market commodity index. CMDY was launched on Apr 3, 2018 and is managed by Blackrock.