iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) Short Interest Down 65.8% in July

iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) saw a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 213,222 shares, a decrease of 65.8% from the July 15th total of 622,948 shares. Approximately 0.6% of the company’s stock are sold short. Based on an average daily volume of 234,704 shares, the short-interest ratio is currently 0.9 days.

iShares GSCI Commodity Dynamic Roll Strategy ETF Trading Up 0.4%

iShares GSCI Commodity Dynamic Roll Strategy ETF stock traded up $0.14 on Friday, hitting $33.49. 111,105 shares of the stock traded hands, compared to its average volume of 532,880. The firm has a market cap of $1.22 billion, a P/E ratio of -16.18 and a beta of 0.08. The business’s fifty day simple moving average is $32.07 and its 200 day simple moving average is $31.99. iShares GSCI Commodity Dynamic Roll Strategy ETF has a 1 year low of $24.24 and a 1 year high of $36.65.

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

A number of hedge funds and other institutional investors have recently bought and sold shares of COMT. Kingdom Financial Group LLC. purchased a new stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF in the 4th quarter worth approximately $30,000. Tucker Asset Management LLC purchased a new stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF in the fourth quarter worth $31,000. Triumph Capital Management bought a new position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the third quarter valued at $33,000. EFG International AG bought a new position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the fourth quarter valued at $45,000. Finally, Principia Wealth Advisory LLC raised its position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 509.7% in the 4th quarter. Principia Wealth Advisory LLC now owns 2,396 shares of the company’s stock worth $60,000 after purchasing an additional 2,003 shares during the last quarter. Hedge funds and other institutional investors own 1.80% of the company’s stock.

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.