iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) Short Interest Update

iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) was the recipient of a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 229,300 shares, an increase of 62.5% from the February 13th total of 141,100 shares. Currently, 0.9% of the shares of the stock are sold short. Based on an average trading volume of 331,100 shares, the days-to-cover ratio is currently 0.7 days.

Hedge Funds Weigh In On iShares GSCI Commodity Dynamic Roll Strategy ETF

A number of hedge funds and other institutional investors have recently modified their holdings of COMT. Tower Research Capital LLC TRC bought a new position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the fourth quarter worth $26,000. WealthTrak Capital Management LLC bought a new position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the fourth quarter worth $36,000. Transce3nd LLC bought a new position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the fourth quarter worth $50,000. Aptus Capital Advisors LLC bought a new position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the third quarter worth $86,000. Finally, Smartleaf Asset Management LLC boosted its position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 1,664.5% during the fourth quarter. Smartleaf Asset Management LLC now owns 4,323 shares of the company’s stock worth $109,000 after acquiring an additional 4,078 shares during the last quarter. Institutional investors own 1.80% of the company’s stock.

iShares GSCI Commodity Dynamic Roll Strategy ETF Trading Up 0.5 %

Shares of NASDAQ:COMT traded up $0.12 during midday trading on Friday, reaching $25.69. 105,937 shares of the company were exchanged, compared to its average volume of 241,352. The business’s fifty day moving average is $26.11 and its two-hundred day moving average is $25.98. iShares GSCI Commodity Dynamic Roll Strategy ETF has a one year low of $24.44 and a one year high of $28.22. The stock has a market cap of $691.06 million, a PE ratio of -12.41 and a beta of 0.53.

iShares GSCI Commodity Dynamic Roll Strategy ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were given a dividend of $1.2401 per share. The ex-dividend date was Tuesday, December 17th. iShares GSCI Commodity Dynamic Roll Strategy ETF’s dividend payout ratio is -59.90%.

About iShares GSCI Commodity Dynamic Roll Strategy ETF

The iShares GSCI Commodity Dynamic Roll Strategy ETF (COMT) is an exchange-traded fund that is based on the S&P GSCI Dynamic Roll index. The fund tracks a broad-market commodity index that utilizes a flexible dynamic roll strategy. COMT was launched on Oct 16, 2014 and is managed by BlackRock.