Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM) Short Interest Update

Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM) saw a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 34,645 shares, an increase of 161.7% from the June 15th total of 13,240 shares. Based on an average daily volume of 147,399 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.6% of the shares of the company are sold short.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. NewEdge Advisors LLC bought a new stake in shares of Direxion Auspice Broad Commodity Strategy ETF during the 1st quarter valued at $715,000. Cetera Investment Advisers boosted its stake in Direxion Auspice Broad Commodity Strategy ETF by 3.0% in the 2nd quarter. Cetera Investment Advisers now owns 22,239 shares of the company’s stock worth $615,000 after purchasing an additional 642 shares during the period. Flow Traders U.S. LLC boosted its stake in Direxion Auspice Broad Commodity Strategy ETF by 17.9% in the 3rd quarter. Flow Traders U.S. LLC now owns 69,070 shares of the company’s stock worth $1,985,000 after purchasing an additional 10,471 shares during the period. Susquehanna International Group LLP grew its holdings in Direxion Auspice Broad Commodity Strategy ETF by 26.5% during the 3rd quarter. Susquehanna International Group LLP now owns 18,892 shares of the company’s stock valued at $543,000 after buying an additional 3,957 shares in the last quarter. Finally, Signal Advisors Wealth LLC grew its holdings in Direxion Auspice Broad Commodity Strategy ETF by 57.4% during the 4th quarter. Signal Advisors Wealth LLC now owns 19,784 shares of the company’s stock valued at $585,000 after buying an additional 7,213 shares in the last quarter.

Direxion Auspice Broad Commodity Strategy ETF Price Performance

NYSEARCA COM traded up $0.23 on Wednesday, hitting $33.85. 64,850 shares of the company traded hands, compared to its average volume of 154,567. The business’s 50 day moving average price is $33.63 and its 200-day moving average price is $32.67. Direxion Auspice Broad Commodity Strategy ETF has a 52-week low of $27.46 and a 52-week high of $35.62.

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.