SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF (NYSEARCA:CERY) Sees Large Decline in Short Interest

SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF (NYSEARCA:CERY) was the recipient of a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 39,156 shares, a decline of 61.8% from the August 31st total of 102,511 shares. Based on an average daily volume of 160,237 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the company are sold short.

Hedge Funds Weigh In On SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF

Several hedge funds and other institutional investors have recently modified their holdings of CERY. USAdvisors Wealth Management LLC bought a new stake in shares of SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF in the first quarter worth $203,000. Strategic Investment Advisors MI purchased a new position in SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF in the first quarter worth about $247,000. Finally, Oarsman Capital Inc. boosted its position in SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF by 37.9% in the fourth quarter. Oarsman Capital Inc. now owns 24,488 shares of the company’s stock worth $699,000 after purchasing an additional 6,728 shares during the last quarter.

SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF Trading Down 0.1%

CERY stock traded down $0.05 on Tuesday, hitting $39.07. The company had a trading volume of 57,358 shares, compared to its average volume of 182,871. SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF has a 12-month low of $28.37 and a 12-month high of $40.34. The stock’s 50-day simple moving average is $37.97 and its 200 day simple moving average is $36.44.

SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF Company Profile

The SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF (CERY) is an exchange-traded fund that is based on the Bloomberg Enhanced Roll Yield index. The fund tracks a liquid, broad commodity index, providing diversified exposure across five commodity sectors. The index utilizes an enhanced roll methodology designed to mitigate the impact of negative carry. CERY was launched on Sep 4, 2024 and is issued by State Street.