Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM – Get Free Report) saw a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 13,240 shares, a decrease of 75.3% from the May 31st total of 53,654 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average trading volume of 247,693 shares, the days-to-cover ratio is currently 0.1 days.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the business. NewEdge Advisors LLC acquired a new stake in shares of Direxion Auspice Broad Commodity Strategy ETF in the first quarter worth $715,000. Cetera Investment Advisers lifted its holdings in shares of Direxion Auspice Broad Commodity Strategy ETF by 3.0% during the 2nd quarter. Cetera Investment Advisers now owns 22,239 shares of the company’s stock valued at $615,000 after acquiring an additional 642 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Direxion Auspice Broad Commodity Strategy ETF by 0.7% during the 3rd quarter. Envestnet Asset Management Inc. now owns 72,141 shares of the company’s stock valued at $2,073,000 after acquiring an additional 477 shares in the last quarter. Integrity Advisory Solutions LLC purchased a new stake in Direxion Auspice Broad Commodity Strategy ETF during the 3rd quarter worth $415,000. Finally, Flow Traders U.S. LLC boosted its position in Direxion Auspice Broad Commodity Strategy ETF by 17.9% during the 3rd quarter. Flow Traders U.S. LLC now owns 69,070 shares of the company’s stock worth $1,985,000 after purchasing an additional 10,471 shares during the period.
Direxion Auspice Broad Commodity Strategy ETF Stock Down 0.4%
NYSEARCA COM opened at $32.57 on Friday. Direxion Auspice Broad Commodity Strategy ETF has a 1-year low of $27.46 and a 1-year high of $35.62. The business’s 50-day simple moving average is $33.85 and its 200-day simple moving average is $32.34.
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.
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