Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM) Short Interest Up 144.9% in December

Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM) saw a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 3,086 shares, an increase of 144.9% from the November 30th total of 1,260 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 50,170 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 50,170 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are sold short.

Institutional Investors Weigh In On Direxion Auspice Broad Commodity Strategy ETF

Large investors have recently added to or reduced their stakes in the stock. SBI Securities Co. Ltd. raised its stake in shares of Direxion Auspice Broad Commodity Strategy ETF by 24.1% in the second quarter. SBI Securities Co. Ltd. now owns 2,110 shares of the company’s stock valued at $58,000 after acquiring an additional 410 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of Direxion Auspice Broad Commodity Strategy ETF by 0.7% during the third quarter. Envestnet Asset Management Inc. now owns 72,141 shares of the company’s stock valued at $2,073,000 after purchasing an additional 477 shares in the last quarter. Cetera Investment Advisers grew its stake in Direxion Auspice Broad Commodity Strategy ETF by 3.0% in the second quarter. Cetera Investment Advisers now owns 22,239 shares of the company’s stock valued at $615,000 after purchasing an additional 642 shares during the last quarter. Riverbend Wealth Management LLC increased its position in shares of Direxion Auspice Broad Commodity Strategy ETF by 3.2% during the second quarter. Riverbend Wealth Management LLC now owns 21,308 shares of the company’s stock worth $589,000 after purchasing an additional 656 shares in the last quarter. Finally, Ifrah Financial Services Inc. increased its holdings in shares of Direxion Auspice Broad Commodity Strategy ETF by 0.9% during the third quarter. Ifrah Financial Services Inc. now owns 119,674 shares of the company’s stock valued at $3,438,000 after acquiring an additional 1,065 shares in the last quarter.

Direxion Auspice Broad Commodity Strategy ETF Stock Up 0.9%

Shares of COM traded up $0.27 during trading hours on Friday, reaching $30.13. 18,992 shares of the stock traded hands, compared to its average volume of 48,383. Direxion Auspice Broad Commodity Strategy ETF has a 52-week low of $27.46 and a 52-week high of $30.13. The company’s 50-day moving average price is $29.48 and its two-hundred day moving average price is $28.67.

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.