Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM) Short Interest Down 70.1% in April

Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM) saw a large drop in short interest in April. As of April 30th, there was short interest totaling 9,920 shares, a drop of 70.1% from the April 15th total of 33,159 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 130,802 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On Direxion Auspice Broad Commodity Strategy ETF

Several hedge funds have recently made changes to their positions in the business. Ball & Co Wealth Management Inc. bought a new position in shares of Direxion Auspice Broad Commodity Strategy ETF during the 1st quarter worth approximately $39,000. Kestra Advisory Services LLC grew its stake in shares of Direxion Auspice Broad Commodity Strategy ETF by 131.8% during the 1st quarter. Kestra Advisory Services LLC now owns 7,796 shares of the company’s stock worth $262,000 after acquiring an additional 4,433 shares in the last quarter. Pasadena Private Wealth LLC grew its stake in shares of Direxion Auspice Broad Commodity Strategy ETF by 17.4% during the 1st quarter. Pasadena Private Wealth LLC now owns 357,317 shares of the company’s stock worth $11,995,000 after acquiring an additional 52,895 shares in the last quarter. Riverbend Wealth Management LLC boosted its holdings in shares of Direxion Auspice Broad Commodity Strategy ETF by 4.0% in the 1st quarter. Riverbend Wealth Management LLC now owns 24,373 shares of the company’s stock valued at $818,000 after buying an additional 947 shares during the last quarter. Finally, Rooted Wealth Advisors Inc. boosted its holdings in shares of Direxion Auspice Broad Commodity Strategy ETF by 14.3% in the 1st quarter. Rooted Wealth Advisors Inc. now owns 40,888 shares of the company’s stock valued at $1,372,000 after buying an additional 5,111 shares during the last quarter.

Direxion Auspice Broad Commodity Strategy ETF Stock Up 1.1%

Shares of COM opened at $35.41 on Wednesday. Direxion Auspice Broad Commodity Strategy ETF has a twelve month low of $27.46 and a twelve month high of $35.41. The company has a 50 day moving average of $33.55 and a 200-day moving average of $31.36.

About Direxion Auspice Broad Commodity Strategy ETF

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.