iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT – Get Free Report) 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
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.
Recommended Stories
- Five stocks we like better than iShares GSCI Commodity Dynamic Roll Strategy ETF
- About the Markup Calculator
- How to Build the Ultimate Everything ETF Portfolio
- What is Short Interest? How to Use It
- Dutch Bros or Starbucks: Which Coffee Stock Has More Growth?
- What is the Dogs of the Dow Strategy? Overview and Examples
- 3 Stocks With High ROE and Market-Beating Growth Potential
Receive News & Ratings for iShares GSCI Commodity Dynamic Roll Strategy ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares GSCI Commodity Dynamic Roll Strategy ETF and related companies with MarketBeat.com's FREE daily email newsletter.