Short Interest in iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) Increases By 125.2%

iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) saw a large growth in short interest in the month of December. As of December 15th, there was short interest totaling 63,898 shares, a growth of 125.2% from the November 30th total of 28,373 shares. Based on an average trading volume of 20,644 shares, the short-interest ratio is currently 3.1 days. Approximately 1.2% of the shares of the company are sold short. Approximately 1.2% of the shares of the company are sold short. Based on an average trading volume of 20,644 shares, the short-interest ratio is currently 3.1 days.

Hedge Funds Weigh In On iShares Bloomberg Roll Select Commodity Strategy ETF

A number of large investors have recently modified their holdings of the business. CW Advisors LLC acquired a new stake in iShares Bloomberg Roll Select Commodity Strategy ETF in the second quarter valued at $5,468,000. Truist Financial Corp grew its stake in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 11.8% during the 2nd quarter. Truist Financial Corp now owns 45,627 shares of the company’s stock worth $2,301,000 after purchasing an additional 4,818 shares during the period. Flow Traders U.S. LLC purchased a new position in shares of iShares Bloomberg Roll Select Commodity Strategy ETF in the 2nd quarter valued at about $605,000. TD Waterhouse Canada Inc. increased its holdings in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 23.0% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 267,743 shares of the company’s stock valued at $13,498,000 after purchasing an additional 49,982 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its stake in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 6.2% in the second quarter. Envestnet Asset Management Inc. now owns 349,763 shares of the company’s stock valued at $17,641,000 after purchasing an additional 20,386 shares during the period.

iShares Bloomberg Roll Select Commodity Strategy ETF Trading Up 1.3%

Shares of iShares Bloomberg Roll Select Commodity Strategy ETF stock opened at $50.06 on Monday. iShares Bloomberg Roll Select Commodity Strategy ETF has a 52-week low of $46.92 and a 52-week high of $56.24. The company’s 50-day simple moving average is $53.39 and its 200-day simple moving average is $52.17.

iShares Bloomberg Roll Select Commodity Strategy ETF Company Profile

The iShares Bloomberg Roll Select Broad Commodity ETF (CMDY) is an exchange-traded fund that is based on the Bloomberg Roll Select Commodity index. The fund tracks an index that holds futures contracts on a roll-cost optimized broad market commodity index. CMDY was launched on Apr 3, 2018 and is managed by Blackrock.