iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG) Short Interest Down 86.9% in March

iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG) was the target of a large decrease in short interest in the month of March. As of March 13th, there was short interest totaling 337,592 shares, a decrease of 86.9% from the February 26th total of 2,584,579 shares. Approximately 0.8% of the shares of the company are short sold. Based on an average daily trading volume, of 2,523,350 shares, the short-interest ratio is presently 0.1 days. Based on an average daily trading volume, of 2,523,350 shares, the short-interest ratio is presently 0.1 days. Approximately 0.8% of the shares of the company are short sold.

Hedge Funds Weigh In On iShares S&P GSCI Commodity-Indexed Trust

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Sumitomo Life Insurance Co. acquired a new position in iShares S&P GSCI Commodity-Indexed Trust in the 4th quarter valued at approximately $40,283,000. Quent Long Short Global Small Cap Fund LP acquired a new position in shares of iShares S&P GSCI Commodity-Indexed Trust in the fourth quarter valued at $19,222,000. Northwestern Mutual Wealth Management Co. lifted its position in iShares S&P GSCI Commodity-Indexed Trust by 1,678.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 641,500 shares of the company’s stock worth $14,793,000 after purchasing an additional 605,422 shares during the period. JPMorgan Chase & Co. boosted its stake in iShares S&P GSCI Commodity-Indexed Trust by 548.8% during the fourth quarter. JPMorgan Chase & Co. now owns 597,191 shares of the company’s stock worth $13,771,000 after buying an additional 505,140 shares in the last quarter. Finally, Bank of America Corp DE increased its holdings in iShares S&P GSCI Commodity-Indexed Trust by 71.0% in the 3rd quarter. Bank of America Corp DE now owns 780,032 shares of the company’s stock valued at $17,917,000 after buying an additional 323,907 shares during the period. Institutional investors own 60.67% of the company’s stock.

iShares S&P GSCI Commodity-Indexed Trust Trading Down 0.7%

GSG traded down $0.22 during trading on Wednesday, hitting $30.42. The stock had a trading volume of 1,246,560 shares, compared to its average volume of 1,218,675. The firm has a market cap of $1.31 billion, a PE ratio of 4.78 and a beta of 0.25. iShares S&P GSCI Commodity-Indexed Trust has a 12 month low of $19.86 and a 12 month high of $31.95. The company has a 50 day simple moving average of $26.61 and a 200-day simple moving average of $24.31.

About iShares S&P GSCI Commodity-Indexed Trust

iShares S&P GSCI Commodity-Indexed Trust (The Trust) is an investment trust that issues units of beneficial interest (shares) representing fractional undivided beneficial interests in its net assets. The Trust’s objective is to track the results of a fully collateralized investment in futures contracts on an index composed of a diversified group of commodities futures and to track the investment returns of the index before payment of the Trust’s expenses and liabilities. The Trust is a commodity pool.