Short Interest in iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) Declines By 53.0%
iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT – Get Rating) was the recipient of a large decline in short interest during the month of May. As of May 31st, there was short interest totalling 85,200 shares, a decline of 53.0% from the May 15th total of 181,200 shares. Based on an average trading volume of 1,387,500 shares, the days-to-cover ratio is presently 0.1 days.
NASDAQ COMT opened at $45.64 on Friday. The company has a fifty day moving average price of $42.39 and a 200-day moving average price of $37.70. iShares GSCI Commodity Dynamic Roll Strategy ETF has a 1 year low of $28.85 and a 1 year high of $46.28.
Several institutional investors and hedge funds have recently added to or reduced their stakes in COMT. CFS Investment Advisory Services LLC grew its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 4,396.9% in the 1st quarter. CFS Investment Advisory Services LLC now owns 11,685,148 shares of the company’s stock worth $292,000 after purchasing an additional 11,425,299 shares in the last quarter. CWM LLC purchased a new stake in iShares GSCI Commodity Dynamic Roll Strategy ETF in the 4th quarter valued at about $127,309,000. Envestnet Asset Management Inc. increased its stake in iShares GSCI Commodity Dynamic Roll Strategy ETF by 16.0% in the 1st quarter. Envestnet Asset Management Inc. now owns 22,406,614 shares of the company’s stock valued at $897,385,000 after buying an additional 3,095,428 shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in iShares GSCI Commodity Dynamic Roll Strategy ETF by 49.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 8,134,191 shares of the company’s stock valued at $251,184,000 after buying an additional 2,695,240 shares during the last quarter. Finally, Bank of America Corp DE increased its stake in iShares GSCI Commodity Dynamic Roll Strategy ETF by 52.9% in the 1st quarter. Bank of America Corp DE now owns 5,180,733 shares of the company’s stock valued at $207,488,000 after buying an additional 1,792,520 shares during the last quarter.
Options can be safer and easier to trade with than traditional stocks, but only with the right knowledge!
“Options Trading Made Easy” by expert Chuck Hughes will teach you everything you need to trade safely and earn more income, and all for FREE!
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected]
Should you invest $1,000 in iShares GSCI Commodity Dynamic Roll Strategy ETF right now?
Before you consider iShares GSCI Commodity Dynamic Roll Strategy ETF, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and iShares GSCI Commodity Dynamic Roll Strategy ETF wasn’t on the list.
While iShares GSCI Commodity Dynamic Roll Strategy ETF currently has a “N/A” rating among analysts, top-rated analysts believe these five stocks are better buys.
