Short Interest in iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) Declines By 98.0%

iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) was the recipient of a significant decline in short interest in April. As of April 15th, there was short interest totaling 16,681 shares, a decline of 98.0% from the March 31st total of 829,844 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 1,403,319 shares, the days-to-cover ratio is currently 0.0 days.

iShares GSCI Commodity Dynamic Roll Strategy ETF Stock Down 0.4%

Shares of COMT stock traded down $0.14 on Friday, hitting $34.31. The stock had a trading volume of 259,370 shares, compared to its average volume of 674,764. The business has a 50 day moving average price of $31.71 and a 200 day moving average price of $28.23. The company has a market cap of $1.06 billion, a PE ratio of -16.57 and a beta of 0.08. iShares GSCI Commodity Dynamic Roll Strategy ETF has a one year low of $24.07 and a one year high of $35.19.

Institutional Trading of iShares GSCI Commodity Dynamic Roll Strategy ETF

Several institutional investors and hedge funds have recently made changes to their positions in COMT. Northwestern Mutual Wealth Management Co. raised its holdings in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 5,659.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 4,606,153 shares of the company’s stock valued at $114,670,000 after acquiring an additional 4,526,175 shares in the last quarter. Tradewinds Capital Management LLC raised its holdings in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 14,612.1% in the third quarter. Tradewinds Capital Management LLC now owns 1,111,648 shares of the company’s stock valued at $29,848,000 after acquiring an additional 1,104,092 shares in the last quarter. SkyView Investment Advisors LLC bought a new stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF in the fourth quarter valued at about $11,722,000. Vontobel Holding Ltd. raised its holdings in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 186.1% in the fourth quarter. Vontobel Holding Ltd. now owns 601,900 shares of the company’s stock valued at $14,984,000 after acquiring an additional 391,500 shares in the last quarter. Finally, Assetmark Inc. raised its holdings in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 1,059.2% in the fourth quarter. Assetmark Inc. now owns 228,005 shares of the company’s stock valued at $5,676,000 after acquiring an additional 208,335 shares in the last quarter. 1.80% of the stock is currently owned by institutional investors.

iShares GSCI Commodity Dynamic Roll Strategy ETF Company Profile

The iShares GSCI Commodity Dynamic Roll Strategy ETF (COMT) is an exchange-traded fund that is based on the S&P GSCI Dynamic Roll index. The fund tracks a broad-market commodity index that utilizes a flexible dynamic roll strategy. COMT was launched on Oct 16, 2014 and is managed by BlackRock.