GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (NYSEARCA:COMB) Shares Shorted: Short Interest Up 83.2% in October

GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (NYSEARCA:COMB) was the target of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 60,685 shares, an increase of 83.2% from the September 30th total of 33,122 shares. Approximately 1.1% of the shares of the company are short sold. Based on an average daily volume of 19,652 shares, the short-interest ratio is currently 3.1 days.

Institutional Trading of GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF

Large investors have recently made changes to their positions in the business. Empowered Funds LLC raised its holdings in shares of GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF by 18.7% in the first quarter. Empowered Funds LLC now owns 1,005,490 shares of the company’s stock valued at $26,409,000 after buying an additional 158,108 shares during the last quarter. Resonant Capital Advisors LLC increased its position in GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF by 23.8% in the 1st quarter. Resonant Capital Advisors LLC now owns 926,883 shares of the company’s stock valued at $24,345,000 after acquiring an additional 177,903 shares in the last quarter. Beacon Harbor Wealth Advisors Inc. acquired a new stake in GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF in the 1st quarter valued at about $13,456,000. Royal Bank of Canada raised its stake 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 worth $9,641,000 after acquiring an additional 170,574 shares during the last quarter. Finally, Appleton Partners Inc. MA raised its stake in shares of GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF by 1.8% in the first quarter. Appleton Partners Inc. MA now owns 179,249 shares of the company’s stock worth $4,708,000 after acquiring an additional 3,169 shares during the last quarter.

GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF Price Performance

COMB stock traded down $0.58 during trading on Monday, hitting $27.19. The company had a trading volume of 36,536 shares, compared to its average volume of 60,443. The company has a fifty day moving average price of $28.17 and a two-hundred day moving average price of $25.99. GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF has a fifty-two week low of $20.23 and a fifty-two week high of $28.99.

About GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF

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.