iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) Short Interest Up 48.7% in March

iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) was the target of a significant growth in short interest during the month of March. As of March 31st, there was short interest totaling 829,844 shares, a growth of 48.7% from the March 15th total of 558,171 shares. Based on an average trading volume of 1,122,061 shares, the short-interest ratio is currently 0.7 days. Currently, 2.4% of the company’s stock are sold short.

Institutional Investors Weigh In On iShares GSCI Commodity Dynamic Roll Strategy ETF

Large investors have recently modified their holdings of the business. Kingdom Financial Group LLC. purchased a new stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the fourth quarter worth about $30,000. Tucker Asset Management LLC purchased a new stake in iShares GSCI Commodity Dynamic Roll Strategy ETF in the fourth quarter valued at approximately $31,000. Triumph Capital Management purchased a new stake in iShares GSCI Commodity Dynamic Roll Strategy ETF in the third quarter valued at approximately $33,000. EFG International AG purchased a new stake in iShares GSCI Commodity Dynamic Roll Strategy ETF in the fourth quarter valued at approximately $45,000. Finally, Principia Wealth Advisory LLC boosted its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 509.7% in the fourth quarter. Principia Wealth Advisory LLC now owns 2,396 shares of the company’s stock valued at $60,000 after buying an additional 2,003 shares during the last quarter. Hedge funds and other institutional investors own 1.80% of the company’s stock.

iShares GSCI Commodity Dynamic Roll Strategy ETF Trading Down 1.4%

Shares of COMT stock traded down $0.45 during trading hours on Tuesday, reaching $32.77. 29,636 shares of the company’s stock were exchanged, compared to its average volume of 663,265. iShares GSCI Commodity Dynamic Roll Strategy ETF has a 1 year low of $24.07 and a 1 year high of $35.19. The stock has a market cap of $1.15 billion, a PE ratio of -15.83 and a beta of 0.08. The stock’s fifty day moving average price is $30.56 and its two-hundred day moving average price is $27.84.

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.