iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) Short Interest Down 58.8% in April

iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) was the target of a large decrease in short interest in the month of April. As of April 30th, there was short interest totaling 28,213 shares, a decrease of 58.8% from the April 15th total of 68,438 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average trading volume of 65,733 shares, the short-interest ratio is presently 0.4 days.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Envestnet Asset Management Inc. boosted its position in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 16.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 405,624 shares of the company’s stock worth $21,336,000 after buying an additional 55,861 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in iShares Bloomberg Roll Select Commodity Strategy ETF by 8.4% during the 3rd quarter. Ameriprise Financial Inc. now owns 382,671 shares of the company’s stock valued at $20,131,000 after acquiring an additional 29,583 shares in the last quarter. TD Waterhouse Canada Inc. raised its position in iShares Bloomberg Roll Select Commodity Strategy ETF by 8.8% during the fourth quarter. TD Waterhouse Canada Inc. now owns 315,113 shares of the company’s stock worth $15,337,000 after acquiring an additional 25,573 shares during the last quarter. Principal Securities Inc. lifted its holdings in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 6.9% in the fourth quarter. Principal Securities Inc. now owns 287,546 shares of the company’s stock valued at $14,018,000 after purchasing an additional 18,640 shares in the last quarter. Finally, Disciplina Capital Management LLC lifted its holdings in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 21.6% in the fourth quarter. Disciplina Capital Management LLC now owns 194,906 shares of the company’s stock valued at $9,502,000 after purchasing an additional 34,556 shares in the last quarter.

iShares Bloomberg Roll Select Commodity Strategy ETF Stock Performance

NYSEARCA CMDY traded down $0.49 during mid-day trading on Friday, hitting $62.29. The stock had a trading volume of 101,623 shares, compared to its average volume of 76,580. The company has a 50 day simple moving average of $59.71 and a 200 day simple moving average of $55.19. iShares Bloomberg Roll Select Commodity Strategy ETF has a 52-week low of $47.63 and a 52-week high of $63.76.

About iShares Bloomberg Roll Select Commodity Strategy ETF

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.