iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) Shares Shorted: Short Interest Up 54.8% in September

iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) was the target of a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 224,080 shares, a growth of 54.8% from the August 31st total of 144,761 shares. Based on an average trading volume of 310,110 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.6% of the company’s shares are sold short.

Institutional Investors Weigh In On iShares GSCI Commodity Dynamic Roll Strategy ETF

Institutional investors have recently bought and sold shares of the business. Centaurus Financial Inc. acquired a new position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF in the 1st quarter valued at about $103,000. Concurrent Investment Advisors LLC purchased a new stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF in the second quarter worth approximately $122,000. Unique Wealth LLC acquired a new stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the second quarter worth approximately $124,000. Corient Private Wealth LP acquired a new stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the second quarter worth approximately $137,000. Finally, Global Retirement Partners LLC grew its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 243.6% during the fourth quarter. Global Retirement Partners LLC now owns 5,473 shares of the company’s stock valued at $136,000 after purchasing an additional 3,880 shares in the last quarter. 1.80% of the stock is currently owned by institutional investors and hedge funds.

iShares GSCI Commodity Dynamic Roll Strategy ETF Stock Up 1.2%

COMT opened at $37.32 on Friday. The stock has a fifty day moving average of $35.11 and a 200-day moving average of $33.92. The firm has a market capitalization of $1.41 billion, a P/E ratio of -18.03 and a beta of 0.09. iShares GSCI Commodity Dynamic Roll Strategy ETF has a 12-month low of $24.24 and a 12-month high of $38.33.

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.