Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM) Short Interest Update

Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM) saw a significant increase in short interest in February. As of February 27th, there was short interest totaling 135,502 shares, an increase of 1,750.1% from the February 12th total of 7,324 shares. Currently, 2.4% of the company’s shares are short sold. Based on an average trading volume of 71,762 shares, the days-to-cover ratio is currently 1.9 days. Based on an average trading volume of 71,762 shares, the days-to-cover ratio is currently 1.9 days. Currently, 2.4% of the company’s shares are short sold.

Hedge Funds Weigh In On Direxion Auspice Broad Commodity Strategy ETF

Several hedge funds and other institutional investors have recently modified their holdings of COM. CoreCap Advisors LLC bought a new position in Direxion Auspice Broad Commodity Strategy ETF in the fourth quarter worth about $26,000. SBI Securities Co. Ltd. boosted its position in Direxion Auspice Broad Commodity Strategy ETF by 24.1% during the 2nd quarter. SBI Securities Co. Ltd. now owns 2,110 shares of the company’s stock valued at $58,000 after acquiring an additional 410 shares in the last quarter. Kestra Advisory Services LLC bought a new stake in Direxion Auspice Broad Commodity Strategy ETF during the 4th quarter valued at approximately $99,000. Farther Finance Advisors LLC grew its holdings in shares of Direxion Auspice Broad Commodity Strategy ETF by 2,996.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 5,604 shares of the company’s stock worth $161,000 after acquiring an additional 5,423 shares during the period. Finally, Verus Capital Partners LLC bought a new position in shares of Direxion Auspice Broad Commodity Strategy ETF in the 3rd quarter worth approximately $237,000.

Direxion Auspice Broad Commodity Strategy ETF Stock Performance

NYSEARCA:COM traded up $0.26 during trading hours on Tuesday, hitting $33.03. The company had a trading volume of 156,122 shares, compared to its average volume of 77,261. The stock has a 50-day moving average price of $31.15 and a 200 day moving average price of $29.80. Direxion Auspice Broad Commodity Strategy ETF has a 52 week low of $27.46 and a 52 week high of $33.54.

Direxion Auspice Broad Commodity Strategy ETF Company Profile

The Direxion Auspice Broad Commodity Strategy ETF (COM) is an exchange-traded fund that is based on the Auspice Broad Commodity index. The fund tracks a broad-market index consisting of 12 commodity futures contracts, weighted by historical volatility, which can toggle to cash based on momentum. The fund will also hold short-term fixed income securities as collateral. COM was launched on Mar 30, 2017 and is managed by Direxion.