Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM) Short Interest Down 75.3% in June

Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM) saw a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 13,240 shares, a decrease of 75.3% from the May 31st total of 53,654 shares. Based on an average daily trading volume, of 247,693 shares, the short-interest ratio is presently 0.1 days. Approximately 0.2% of the company’s stock are short sold.

Direxion Auspice Broad Commodity Strategy ETF Trading Down 0.4%

COM stock opened at $32.57 on Friday. Direxion Auspice Broad Commodity Strategy ETF has a 1 year low of $27.46 and a 1 year high of $35.62. The stock has a 50-day simple moving average of $33.85 and a 200-day simple moving average of $32.34.

Institutional Trading of Direxion Auspice Broad Commodity Strategy ETF

A number of hedge funds have recently made changes to their positions in COM. CoreCap Advisors LLC acquired a new position in shares of Direxion Auspice Broad Commodity Strategy ETF during the fourth quarter worth $26,000. Ball & Co Wealth Management Inc. acquired a new stake in Direxion Auspice Broad Commodity Strategy ETF during the 1st quarter valued at $39,000. Kestra Advisory Services LLC acquired a new stake in Direxion Auspice Broad Commodity Strategy ETF during the 4th quarter valued at $99,000. Envision Financial Transparency LLC purchased a new stake in Direxion Auspice Broad Commodity Strategy ETF during the 1st quarter worth $310,000. Finally, Nvest Wealth Strategies Inc. purchased a new stake in Direxion Auspice Broad Commodity Strategy ETF during the 4th quarter worth $333,000.

Direxion Auspice Broad Commodity Strategy ETF Company Profile

The Direxion Auspice Broad Commodity Strategy ETF (COM) is an exchange-traded fund that is based on the Auspice Broad Commodity index. The fund tracks a broad-market index consisting of 12 commodity futures contracts, weighted by historical volatility, which can toggle to cash based on momentum. The fund will also hold short-term fixed income securities as collateral. COM was launched on Mar 30, 2017 and is managed by Direxion.