iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) Sees Large Decline in Short Interest

iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) was the target of a large decline in short interest in January. As of January 30th, there was short interest totaling 123,349 shares, a decline of 26.2% from the January 15th total of 167,141 shares. Approximately 0.5% of the company’s stock are short sold. Based on an average trading volume of 212,760 shares, the days-to-cover ratio is presently 0.6 days. Based on an average trading volume of 212,760 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.5% of the company’s stock are short sold.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the business. Kingdom Financial Group LLC. bought a new stake in iShares GSCI Commodity Dynamic Roll Strategy ETF during the 4th quarter worth about $30,000. Tucker Asset Management LLC bought a new stake in iShares GSCI Commodity Dynamic Roll Strategy ETF during the fourth quarter worth about $31,000. Triumph Capital Management bought a new stake in iShares GSCI Commodity Dynamic Roll Strategy ETF during the third quarter worth about $33,000. Principia Wealth Advisory LLC boosted its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 509.7% during the fourth quarter. Principia Wealth Advisory LLC now owns 2,396 shares of the company’s stock valued at $60,000 after purchasing an additional 2,003 shares during the last quarter. Finally, Advisory Services Network LLC bought a new position in iShares GSCI Commodity Dynamic Roll Strategy ETF in the third quarter valued at approximately $63,000. Institutional investors and hedge funds own 1.80% of the company’s stock.

iShares GSCI Commodity Dynamic Roll Strategy ETF Price Performance

Shares of iShares GSCI Commodity Dynamic Roll Strategy ETF stock opened at $26.70 on Monday. The firm has a market cap of $672.84 million, a price-to-earnings ratio of -12.90 and a beta of 0.23. The stock’s 50-day moving average is $26.00 and its 200-day moving average is $26.42. iShares GSCI Commodity Dynamic Roll Strategy ETF has a one year low of $23.11 and a one year high of $28.36.

iShares GSCI Commodity Dynamic Roll Strategy ETF Announces Dividend

The firm also recently declared an annual dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were paid a dividend of $1.9271 per share. This represents a dividend yield of 795.0%. The ex-dividend date of this dividend was Tuesday, December 16th. iShares GSCI Commodity Dynamic Roll Strategy ETF’s dividend payout ratio (DPR) is currently -59.90%.

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.