Short Interest in iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) Increases By 556.6%

iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) saw a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 622,948 shares, an increase of 556.6% from the June 30th total of 94,878 shares. Currently, 1.7% of the company’s stock are short sold. Based on an average daily volume of 419,997 shares, the days-to-cover ratio is presently 1.5 days.

iShares GSCI Commodity Dynamic Roll Strategy ETF Stock Down 0.1%

NASDAQ COMT opened at $33.11 on Monday. The firm has a market capitalization of $1.21 billion, a PE ratio of -16.00 and a beta of 0.09. The stock’s 50 day moving average is $32.63 and its 200 day moving average is $31.30. iShares GSCI Commodity Dynamic Roll Strategy ETF has a twelve month low of $24.24 and a twelve month high of $36.65.

Institutional Trading of iShares GSCI Commodity Dynamic Roll Strategy ETF

Hedge funds have recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. grew its holdings in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 5,659.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 4,606,153 shares of the company’s stock valued at $114,670,000 after buying an additional 4,526,175 shares during the last quarter. Assetmark Inc. raised its holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF by 1,022.2% in the 1st quarter. Assetmark Inc. now owns 2,558,624 shares of the company’s stock worth $86,507,000 after acquiring an additional 2,330,619 shares during the last quarter. Bank of America Corp DE raised its holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF by 47.4% in the 1st quarter. Bank of America Corp DE now owns 3,267,032 shares of the company’s stock worth $110,458,000 after acquiring an additional 1,050,824 shares during the last quarter. SkyView Investment Advisors LLC bought a new position in iShares GSCI Commodity Dynamic Roll Strategy ETF in the 4th quarter valued at approximately $11,722,000. Finally, Vontobel Holding Ltd. lifted its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 186.1% in the 4th quarter. Vontobel Holding Ltd. now owns 601,900 shares of the company’s stock valued at $14,984,000 after acquiring an additional 391,500 shares in the last quarter. Institutional investors own 1.80% of the company’s stock.

iShares GSCI Commodity Dynamic Roll Strategy ETF Company Profile

The iShares GSCI Commodity Dynamic Roll Strategy ETF (COMT) is an exchange-traded fund that is based on the S&P GSCI Dynamic Roll index. The fund tracks a broad-market commodity index that utilizes a flexible dynamic roll strategy. COMT was launched on Oct 16, 2014 and is managed by BlackRock.