GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (NYSEARCA:COMB) Short Interest Update

GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (NYSEARCA:COMB) was the recipient of a large drop in short interest during the month of May. As of May 15th, there was short interest totaling 14,459 shares, a drop of 51.6% from the April 30th total of 29,877 shares. Based on an average daily volume of 70,978 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.3% of the shares of the company are short sold.

Institutional Investors Weigh In On GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF

Large investors have recently made changes to their positions in the business. Comerica Bank purchased a new stake in shares of GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF during the 1st quarter valued at $28,000. Fifth Third Bancorp bought a new stake in shares of GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF during the 1st quarter valued at about $31,000. Osaic Holdings Inc. boosted its position in shares of GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF by 184.0% during the 2nd quarter. Osaic Holdings Inc. now owns 3,215 shares of the company’s stock valued at $67,000 after acquiring an additional 2,083 shares during the last quarter. IFP Advisors Inc boosted its position in shares of GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF by 13.3% during the 4th quarter. IFP Advisors Inc now owns 4,436 shares of the company’s stock valued at $94,000 after acquiring an additional 521 shares during the last quarter. Finally, DMC Group LLC bought a new stake in shares of GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF during the 1st quarter valued at about $229,000.

GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF Trading Up 1.1%

Shares of GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF stock traded up $0.29 during trading hours on Monday, hitting $26.66. 39,951 shares of the company’s stock traded hands, compared to its average volume of 73,027. GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF has a 12-month low of $20.23 and a 12-month high of $28.05. The company has a fifty day simple moving average of $26.53 and a 200-day simple moving average of $24.29.

GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF Company Profile

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.