VanEck CMCI Commodity Strategy ETF (BATS:CMCI) Sees Significant Growth in Short Interest

VanEck CMCI Commodity Strategy ETF (BATS:CMCI) saw a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 89 shares, an increase of 196.7% from the August 31st total of 30 shares. Based on an average daily volume of 102 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.1% of the company’s stock are sold short.

VanEck CMCI Commodity Strategy ETF Price Performance

Shares of BATS:CMCI opened at $31.68 on Monday. The business has a 50-day moving average of $30.58 and a two-hundred day moving average of $29.23. VanEck CMCI Commodity Strategy ETF has a fifty-two week low of $23.94 and a fifty-two week high of $31.96.

VanEck CMCI Commodity Strategy ETF Company Profile

The VanEck CMCI Commodity Strategy ETF (CMCI) is an exchange-traded fund that is based on the UBS Constant Maturity Commodity index. The fund tracks a broad index that represents the five commodity sectors: agriculture, energy, livestock, precious metals, and industrial metals. The index aims to provide beta exposure across 29 commodity components and maturities. CMCI was launched on Aug 21, 2023 and is issued by VanEck.