iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) Shares Shorted: Short Interest Down 86.9% in September

iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) was the recipient of a significant drop in short interest in September. As of September 30th, there was short interest totaling 29,265 shares, a drop of 86.9% from the September 15th total of 224,080 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 346,974 shares, the short-interest ratio is presently 0.1 days.

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

Institutional investors and hedge funds have recently modified their holdings of the stock. Nolet Wealth Management LLC lifted its holdings in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 3.2% during the second quarter. Nolet Wealth Management LLC now owns 15,500 shares of the company’s stock valued at $471,000 after purchasing an additional 483 shares during the last quarter. Wealth Alliance LLC boosted its holdings in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 0.6% in the first quarter. Wealth Alliance LLC now owns 105,985 shares of the company’s stock worth $3,583,000 after buying an additional 603 shares during the period. Aletheian Wealth Advisors LLC increased its position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 1.1% in the second quarter. Aletheian Wealth Advisors LLC now owns 62,373 shares of the company’s stock worth $1,894,000 after acquiring an additional 684 shares in the last quarter. Essential Partners LLC grew its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 2.4% during the first quarter. Essential Partners LLC now owns 48,567 shares of the company’s stock valued at $1,642,000 after purchasing an additional 1,146 shares in the last quarter. Finally, Brookstone Capital Management increased its holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF by 12.1% in the first quarter. Brookstone Capital Management now owns 26,651 shares of the company’s stock worth $901,000 after buying an additional 2,876 shares during the last quarter. 1.80% of the stock is owned by institutional investors and hedge funds.

iShares GSCI Commodity Dynamic Roll Strategy ETF Stock Performance

NASDAQ COMT opened at $37.49 on Friday. The stock has a market capitalization of $1.39 billion, a P/E ratio of -18.11 and a beta of 0.11. iShares GSCI Commodity Dynamic Roll Strategy ETF has a 1 year low of $24.24 and a 1 year high of $38.33. The business’s fifty day moving average is $35.65 and its two-hundred day moving average is $34.08.

About iShares GSCI Commodity Dynamic Roll Strategy ETF

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.