Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM – Get Free Report) was the target of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 28,592 shares, an increase of 470.7% from the September 15th total of 5,010 shares. Currently, 0.5% of the shares of the stock are sold short. Based on an average trading volume of 66,638 shares, the short-interest ratio is presently 0.4 days.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in COM. Pasadena Private Wealth LLC raised its stake in Direxion Auspice Broad Commodity Strategy ETF by 17.4% during the first quarter. Pasadena Private Wealth LLC now owns 357,317 shares of the company’s stock worth $11,995,000 after purchasing an additional 52,895 shares during the period. Nations Financial Group Inc. IA ADV grew its holdings in shares of Direxion Auspice Broad Commodity Strategy ETF by 12.7% during the 1st quarter. Nations Financial Group Inc. IA ADV now owns 92,972 shares of the company’s stock worth $3,121,000 after purchasing an additional 10,506 shares during the period. IFP Advisors Inc raised its holdings in Direxion Auspice Broad Commodity Strategy ETF by 1.0% in the 2nd quarter. IFP Advisors Inc now owns 48,825 shares of the company’s stock valued at $1,592,000 after buying an additional 468 shares during the period. Rooted Wealth Advisors Inc. boosted its stake in Direxion Auspice Broad Commodity Strategy ETF by 14.3% during the first quarter. Rooted Wealth Advisors Inc. now owns 40,888 shares of the company’s stock worth $1,372,000 after buying an additional 5,111 shares during the period. Finally, Essential Partners LLC increased its position in shares of Direxion Auspice Broad Commodity Strategy ETF by 1.6% during the first quarter. Essential Partners LLC now owns 40,534 shares of the company’s stock valued at $1,361,000 after acquiring an additional 634 shares during the last quarter.
Direxion Auspice Broad Commodity Strategy ETF Stock Performance
COM remained flat at $35.07 during trading on Friday. The company’s stock had a trading volume of 121,718 shares, compared to its average volume of 127,946. Direxion Auspice Broad Commodity Strategy ETF has a one year low of $28.61 and a one year high of $35.93. The business’s fifty day moving average price is $34.95 and its two-hundred day moving average price is $34.11.
Direxion Auspice Broad Commodity Strategy ETF Company Profile
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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