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 the month of July. As of July 31st, there was short interest totaling 14,768 shares, a decrease of 62.5% from the July 15th total of 39,369 shares. Based on an average trading volume of 70,722 shares, the short-interest ratio is currently 0.2 days. Currently, 0.3% of the shares of the company are short sold.
Institutional Trading of GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF
Several hedge funds and other institutional investors have recently modified their holdings of the stock. Resonant Capital Advisors LLC raised its holdings 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 acquiring an additional 35,020 shares during the period. Empowered Funds LLC boosted its holdings in shares of GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF by 18.7% during the first quarter. Empowered Funds LLC now owns 1,005,490 shares of the company’s stock worth $26,409,000 after acquiring an additional 158,108 shares during the period. Sanctuary Advisors LLC acquired a new position in shares of GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF in the first quarter valued at approximately $606,000. Royal Bank of Canada grew its position in shares of GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF by 86.8% in the first quarter. Royal Bank of Canada now owns 367,054 shares of the company’s stock valued at $9,641,000 after purchasing an additional 170,574 shares during the last quarter. Finally, Beacon Harbor Wealth Advisors Inc. bought a new position in shares of GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF during the first quarter worth approximately $13,456,000.
GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF Stock Down 1.1%
COMB stock opened at $26.32 on Friday. 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. The company has a fifty day moving average price of $25.28 and a two-hundred day moving average price of $25.36.
GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF Company Profile
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.
Recommended Stories
- Five stocks we like better than GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF
- Cerebras Sells Off After Earnings: Is This a Market Disconnection?
- Is Lockheed Martin Gearing Up to Lead Defense Stocks?
- Inside Teledyne’s Bold Bet on the Future of Medical Imaging
- Why Are Analysts Freaking Out About Apple’s All-Glass iPhone?
Receive News & Ratings for GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF and related companies with MarketBeat.com's FREE daily email newsletter.
