Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM) Short Interest Update

Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM) was the recipient of a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 59,328 shares, an increase of 71.2% from the June 30th total of 34,645 shares. Currently, 1.0% of the company’s shares are short sold. Based on an average daily trading volume, of 74,054 shares, the short-interest ratio is currently 0.8 days.

Direxion Auspice Broad Commodity Strategy ETF Stock Down 0.1%

NYSEARCA COM opened at $33.83 on Friday. The firm’s 50-day moving average is $33.44 and its two-hundred day moving average is $32.99. Direxion Auspice Broad Commodity Strategy ETF has a 12 month low of $27.46 and a 12 month high of $35.62.

Hedge Funds Weigh In On Direxion Auspice Broad Commodity Strategy ETF

Several large investors have recently made changes to their positions in COM. NewEdge Advisors LLC acquired a new stake in Direxion Auspice Broad Commodity Strategy ETF in the 1st quarter valued at approximately $715,000. Cetera Investment Advisers lifted its stake in Direxion Auspice Broad Commodity Strategy ETF by 3.0% during the second quarter. Cetera Investment Advisers now owns 22,239 shares of the company’s stock worth $615,000 after purchasing an additional 642 shares in the last quarter. Flow Traders U.S. LLC lifted its stake in Direxion Auspice Broad Commodity Strategy ETF by 17.9% during the third quarter. Flow Traders U.S. LLC now owns 69,070 shares of the company’s stock worth $1,985,000 after purchasing an additional 10,471 shares in the last quarter. Susquehanna International Group LLP boosted its position in shares of Direxion Auspice Broad Commodity Strategy ETF by 26.5% during the third quarter. Susquehanna International Group LLP now owns 18,892 shares of the company’s stock worth $543,000 after buying an additional 3,957 shares during the period. Finally, CoreCap Advisors LLC purchased a new position in shares of Direxion Auspice Broad Commodity Strategy ETF during the fourth quarter worth $26,000.

About Direxion Auspice Broad Commodity Strategy ETF

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.