iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) Short Interest Update

iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) saw a significant growth in short interest in the month of March. As of March 31st, there was short interest totaling 75,315 shares, a growth of 173.7% from the March 15th total of 27,520 shares. Based on an average trading volume of 62,999 shares, the days-to-cover ratio is presently 1.2 days. Currently, 0.9% of the shares of the company are sold short.

iShares Bloomberg Roll Select Commodity Strategy ETF Stock Down 0.6%

Shares of CMDY traded down $0.34 during mid-day trading on Friday, hitting $58.35. The company’s stock had a trading volume of 69,157 shares, compared to its average volume of 79,885. iShares Bloomberg Roll Select Commodity Strategy ETF has a one year low of $47.63 and a one year high of $61.02. The stock’s 50-day moving average is $56.22 and its two-hundred day moving average is $53.95.

Institutional Investors Weigh In On iShares Bloomberg Roll Select Commodity Strategy ETF

Several hedge funds have recently modified their holdings of the business. Envestnet Asset Management Inc. boosted its position in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 16.0% in the third quarter. Envestnet Asset Management Inc. now owns 405,624 shares of the company’s stock valued at $21,336,000 after acquiring an additional 55,861 shares during the period. Ameriprise Financial Inc. boosted its position in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 8.4% in the third quarter. Ameriprise Financial Inc. now owns 382,671 shares of the company’s stock valued at $20,131,000 after acquiring an additional 29,583 shares during the period. TD Waterhouse Canada Inc. boosted its position in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 8.8% in the fourth quarter. TD Waterhouse Canada Inc. now owns 315,113 shares of the company’s stock valued at $15,337,000 after acquiring an additional 25,573 shares during the period. Principal Securities Inc. boosted its position in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 6.9% in the fourth quarter. Principal Securities Inc. now owns 287,546 shares of the company’s stock valued at $14,018,000 after acquiring an additional 18,640 shares during the period. Finally, Disciplina Capital Management LLC boosted its position in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 21.6% in the fourth quarter. Disciplina Capital Management LLC now owns 194,906 shares of the company’s stock valued at $9,502,000 after acquiring an additional 34,556 shares during the period.

About iShares Bloomberg Roll Select Commodity Strategy ETF

The iShares Bloomberg Roll Select Broad Commodity ETF (CMDY) is an exchange-traded fund that is based on the Bloomberg Roll Select Commodity index. The fund tracks an index that holds futures contracts on a roll-cost optimized broad market commodity index. CMDY was launched on Apr 3, 2018 and is managed by Blackrock.