iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) Stock Short Interest Falls 86.9%

iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) was the recipient of a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 29,265 shares, a decline of 86.9% from the September 15th total of 224,080 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 346,974 shares, the days-to-cover ratio is currently 0.1 days.

iShares GSCI Commodity Dynamic Roll Strategy ETF Stock Down 0.1%

NASDAQ:COMT opened at $37.49 on Friday. The company has a market cap of $1.39 billion, a PE ratio of -18.11 and a beta of 0.11. The business’s 50 day moving average is $35.65 and its two-hundred day moving average is $34.08. iShares GSCI Commodity Dynamic Roll Strategy ETF has a 52 week low of $24.24 and a 52 week high of $38.33.

Institutional Trading of iShares GSCI Commodity Dynamic Roll Strategy ETF

A number of institutional investors and hedge funds have recently modified their holdings of COMT. Nolet Wealth Management LLC raised its stake in iShares GSCI Commodity Dynamic Roll Strategy ETF by 3.2% during the second quarter. Nolet Wealth Management LLC now owns 15,500 shares of the company’s stock worth $471,000 after acquiring an additional 483 shares during the period. Wealth Alliance LLC boosted its stake in iShares GSCI Commodity Dynamic Roll Strategy ETF by 0.6% in the first quarter. Wealth Alliance LLC now owns 105,985 shares of the company’s stock valued at $3,583,000 after acquiring an additional 603 shares during the period. Aletheian Wealth Advisors LLC boosted its stake in iShares GSCI Commodity Dynamic Roll Strategy ETF by 1.1% in the second quarter. Aletheian Wealth Advisors LLC now owns 62,373 shares of the company’s stock valued at $1,894,000 after acquiring an additional 684 shares during the period. Essential Partners LLC grew its holdings in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 2.4% during the first quarter. Essential Partners LLC now owns 48,567 shares of the company’s stock valued at $1,642,000 after purchasing an additional 1,146 shares during the last quarter. Finally, Brookstone Capital Management grew its holdings in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 12.1% during the first quarter. Brookstone Capital Management now owns 26,651 shares of the company’s stock valued at $901,000 after purchasing an additional 2,876 shares during the last quarter. 1.80% of the stock is owned by institutional investors and hedge funds.

iShares GSCI Commodity Dynamic Roll Strategy ETF Company Profile

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.