VanEck CMCI Commodity Strategy ETF (OTCMKTS:CMCI) Trading Down 0.4% – Time to Sell?

VanEck CMCI Commodity Strategy ETF (OTCMKTS:CMCI)’s stock price dropped 0.4% during trading on Monday . The company traded as low as $25.89 and last traded at $25.89. Approximately 217 shares traded hands during mid-day trading, a decline of 54% from the average daily volume of 469 shares. The stock had previously closed at $26.00.

VanEck CMCI Commodity Strategy ETF Trading Down 0.4%

The firm’s 50 day moving average price is $25.87 and its two-hundred day moving average price is $25.50.

Hedge Funds Weigh In On VanEck CMCI Commodity Strategy ETF

A hedge fund recently raised its stake in VanEck CMCI Commodity Strategy ETF stock. Jane Street Group LLC raised its position in VanEck CMCI Commodity Strategy ETF (OTCMKTS:CMCI) by 5.0% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,670 shares of the company’s stock after purchasing an additional 461 shares during the period. Jane Street Group LLC owned about 9.67% of VanEck CMCI Commodity Strategy ETF worth $241,000 at the end of the most recent reporting period.

VanEck CMCI Commodity Strategy ETF Company Profile

China Modern Agricultural Information, Inc engages in the production and distribution of fresh milk. It operates through the following businesses: Fresh Milk Sales, Processing and Sales of Green Organic Fertilizer, and Assisting Local Farmers with their Fresh Milk Sales. The company was founded on December 22, 2008 and is headquartered in Harbin, China.