GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (NYSEARCA:COMB – Get Free Report) was the target of a large decrease in short interest in May. As of May 15th, there was short interest totaling 14,459 shares, a decrease of 51.6% from the April 30th total of 29,877 shares. Based on an average daily trading volume, of 70,978 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.3% of the shares of the company are short sold.
GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF Stock Up 0.4%
GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF stock traded up $0.10 during mid-day trading on Tuesday, hitting $26.76. 10,727 shares of the company’s stock traded hands, compared to its average volume of 72,427. The firm has a 50 day moving average price of $26.53 and a 200 day moving average price of $24.29. GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF has a one year low of $20.23 and a one year high of $28.05.
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the business. Resonant Capital Advisors LLC grew its position in GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF by 4.9% in the 4th quarter. Resonant Capital Advisors LLC now owns 748,980 shares of the company’s stock valued at $15,811,000 after buying an additional 35,020 shares in the last quarter. Empowered Funds LLC increased its stake in GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF by 134.8% during the 4th quarter. Empowered Funds LLC now owns 847,382 shares of the company’s stock valued at $17,888,000 after buying an additional 486,500 shares during the period. Royal Bank of Canada raised its position in shares of GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF by 10,833.8% during the 4th quarter. Royal Bank of Canada now owns 196,480 shares of the company’s stock worth $4,148,000 after buying an additional 194,683 shares in the last quarter. LPL Financial LLC raised its position in shares of GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF by 88.2% during the 4th quarter. LPL Financial LLC now owns 43,428 shares of the company’s stock worth $917,000 after buying an additional 20,351 shares in the last quarter. Finally, Brooklyn Investment Group lifted its stake in shares of GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF by 12.3% in the 3rd quarter. Brooklyn Investment Group now owns 25,276 shares of the company’s stock worth $551,000 after acquiring an additional 2,770 shares during the period.
About GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF
The GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (COMB) is an exchange-traded fund that is based on the Bloomberg Commodity index. The fund seeks to outperform a broad commodity market index through active management of the funds collateral. The index include futures contracts on up to 24 different commodities. COMB was launched on May 22, 2017 and is managed by GraniteShares.
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