VanEck CMCI Commodity Strategy ETF (BATS:CMCI) Short Interest Up 511.2% in May

VanEck CMCI Commodity Strategy ETF (BATS:CMCI) was the recipient of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 654 shares, an increase of 511.2% from the May 14th total of 107 shares. Based on an average daily volume of 319 shares, the short-interest ratio is currently 2.1 days. Currently, 0.7% of the shares of the company are short sold.

VanEck CMCI Commodity Strategy ETF Trading Down 0.8%

CMCI traded down $0.22 on Friday, hitting $28.29. 323 shares of the stock were exchanged, compared to its average volume of 430. VanEck CMCI Commodity Strategy ETF has a 12 month low of $23.94 and a 12 month high of $31.03. The business has a 50-day moving average of $28.96 and a two-hundred day moving average of $26.95.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in VanEck CMCI Commodity Strategy ETF stock. Jane Street Group LLC boosted its holdings in VanEck CMCI Commodity Strategy ETF (BATS:CMCI) by 125.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 21,797 shares of the company’s stock after purchasing an additional 12,128 shares during the quarter. Jane Street Group LLC owned about 21.80% of VanEck CMCI Commodity Strategy ETF worth $522,000 at the end of the most recent quarter.

About VanEck CMCI Commodity Strategy ETF

The VanEck CMCI Commodity Strategy ETF (CMCI) is an exchange-traded fund that is based on the UBS Constant Maturity Commodity index. The fund tracks a broad index that represents the five commodity sectors: agriculture, energy, livestock, precious metals, and industrial metals. The index aims to provide beta exposure across 29 commodity components and maturities. CMCI was launched on Aug 21, 2023 and is issued by VanEck.