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

iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) was the target of a large growth in short interest during the month of February. As of February 27th, there was short interest totaling 111,227 shares, a growth of 104.3% from the February 12th total of 54,435 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average trading volume of 156,328 shares, the days-to-cover ratio is currently 0.7 days. Based on an average trading volume of 156,328 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.4% of the shares of the stock are short sold.

Hedge Funds Weigh In On iShares GSCI Commodity Dynamic Roll Strategy ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. boosted its position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 5,659.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 4,606,153 shares of the company’s stock worth $114,670,000 after buying an additional 4,526,175 shares during the period. Tradewinds Capital Management LLC lifted its stake in iShares GSCI Commodity Dynamic Roll Strategy ETF by 14,612.1% in the 3rd quarter. Tradewinds Capital Management LLC now owns 1,111,648 shares of the company’s stock worth $29,848,000 after acquiring an additional 1,104,092 shares in the last quarter. TRUE Private Wealth Advisors boosted its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 3.9% during the 3rd quarter. TRUE Private Wealth Advisors now owns 672,791 shares of the company’s stock worth $18,064,000 after acquiring an additional 25,153 shares during the period. Vontobel Holding Ltd. boosted its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 186.1% during the 4th quarter. Vontobel Holding Ltd. now owns 601,900 shares of the company’s stock worth $14,984,000 after acquiring an additional 391,500 shares during the period. Finally, SkyView Investment Advisors LLC purchased a new position in iShares GSCI Commodity Dynamic Roll Strategy ETF during the 4th quarter valued at about $11,722,000. 1.80% of the stock is currently owned by hedge funds and other institutional investors.

iShares GSCI Commodity Dynamic Roll Strategy ETF Trading Up 2.8%

Shares of iShares GSCI Commodity Dynamic Roll Strategy ETF stock traded up $0.90 on Thursday, reaching $32.73. 953,346 shares of the company were exchanged, compared to its average volume of 372,659. iShares GSCI Commodity Dynamic Roll Strategy ETF has a fifty-two week low of $23.11 and a fifty-two week high of $33.17. The firm has a market capitalization of $824.80 million, a price-to-earnings ratio of -15.81 and a beta of 0.23. The stock has a fifty day moving average price of $27.19 and a 200-day moving average price of $26.75.

iShares GSCI Commodity Dynamic Roll Strategy ETF Dividend Announcement

The business also recently disclosed an annual dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were issued a dividend of $1.9271 per share. This represents a yield of 795.0%. The ex-dividend date was Tuesday, December 16th. iShares GSCI Commodity Dynamic Roll Strategy ETF’s payout ratio is presently -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.