Short Interest in Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM) Increases By 382.5%

Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM) was the target of a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 14,890 shares, a growth of 382.5% from the December 15th total of 3,086 shares. Based on an average daily trading volume, of 41,447 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.3% of the shares of the stock are sold short. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 41,447 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the stock. NewEdge Advisors LLC bought a new stake in Direxion Auspice Broad Commodity Strategy ETF in the 1st quarter valued at $715,000. Rooted Wealth Advisors Inc. raised its holdings in shares of Direxion Auspice Broad Commodity Strategy ETF by 10.1% in the second quarter. Rooted Wealth Advisors Inc. now owns 26,433 shares of the company’s stock valued at $751,000 after purchasing an additional 2,425 shares during the last quarter. Ameritas Advisory Services LLC acquired a new stake in Direxion Auspice Broad Commodity Strategy ETF in the 2nd quarter valued at $67,000. Wealthcare Advisory Partners LLC lifted its position in Direxion Auspice Broad Commodity Strategy ETF by 15.4% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 160,066 shares of the company’s stock worth $4,427,000 after buying an additional 21,354 shares in the last quarter. Finally, Stratos Investment Management LLC boosted its stake in shares of Direxion Auspice Broad Commodity Strategy ETF by 4.1% during the 2nd quarter. Stratos Investment Management LLC now owns 224,031 shares of the company’s stock worth $6,197,000 after buying an additional 8,800 shares during the last quarter.

Direxion Auspice Broad Commodity Strategy ETF Stock Performance

Direxion Auspice Broad Commodity Strategy ETF stock traded up $0.19 during trading hours on Tuesday, reaching $30.66. 1,373 shares of the company’s stock traded hands, compared to its average volume of 54,157. The firm’s 50 day moving average is $29.66 and its 200-day moving average is $28.79. Direxion Auspice Broad Commodity Strategy ETF has a fifty-two week low of $27.46 and a fifty-two week high of $30.68.

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.