Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM) Short Interest Down 88.7% in March

Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM) was the recipient of a large decrease in short interest in the month of March. As of March 13th, there was short interest totaling 15,333 shares, a decrease of 88.7% from the February 26th total of 135,502 shares. Based on an average trading volume of 159,074 shares, the short-interest ratio is presently 0.1 days. Approximately 0.3% of the shares of the company are short sold. Approximately 0.3% of the shares of the company are short sold. Based on an average trading volume of 159,074 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of Direxion Auspice Broad Commodity Strategy ETF

Hedge funds have recently made changes to their positions in the company. Stratos Investment Management LLC lifted its position in shares of Direxion Auspice Broad Commodity Strategy ETF by 92.6% during the 3rd quarter. Stratos Investment Management LLC now owns 431,456 shares of the company’s stock valued at $12,397,000 after buying an additional 207,425 shares during the last quarter. Pasadena Private Wealth LLC increased its holdings in Direxion Auspice Broad Commodity Strategy ETF by 27.6% in the 3rd quarter. Pasadena Private Wealth LLC now owns 256,830 shares of the company’s stock worth $7,379,000 after acquiring an additional 55,598 shares during the last quarter. VestGen Advisors LLC bought a new stake in Direxion Auspice Broad Commodity Strategy ETF in the 2nd quarter valued at about $884,000. NewEdge Advisors LLC bought a new stake in Direxion Auspice Broad Commodity Strategy ETF in the 1st quarter valued at about $715,000. Finally, Wilkerson Advisory Group LLC purchased a new stake in Direxion Auspice Broad Commodity Strategy ETF during the fourth quarter valued at about $546,000.

Direxion Auspice Broad Commodity Strategy ETF Trading Up 0.1%

Shares of COM stock traded up $0.04 during trading hours on Wednesday, hitting $33.35. 224,853 shares of the company were exchanged, compared to its average volume of 117,668. The firm has a fifty day simple moving average of $31.87 and a 200 day simple moving average of $30.19. Direxion Auspice Broad Commodity Strategy ETF has a 52-week low of $27.46 and a 52-week high of $34.08.

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.