Short Interest in iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) Expands By 6.3%

iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) was the target of a large increase in short interest in November. As of November 30th, there was short interest totalling 200,000 shares, an increase of 6.3% from the November 15th total of 188,200 shares. Based on an average daily volume of 304,300 shares, the short-interest ratio is presently 0.7 days.

iShares GSCI Commodity Dynamic Roll Strategy ETF Stock Down 5.5 %

Shares of NASDAQ:COMT traded down $1.45 during trading on Tuesday, hitting $24.84. 127,207 shares of the stock traded hands, compared to its average volume of 242,695. The company has a market cap of $822.20 million, a price-to-earnings ratio of -12.00 and a beta of 0.53. The company has a fifty day moving average price of $26.19 and a two-hundred day moving average price of $26.37. iShares GSCI Commodity Dynamic Roll Strategy ETF has a 52-week low of $24.14 and a 52-week high of $28.22.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Larson Financial Group LLC purchased a new stake in iShares GSCI Commodity Dynamic Roll Strategy ETF in the 2nd quarter worth $46,000. International Assets Investment Management LLC acquired a new position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the 2nd quarter worth about $54,000. Aptus Capital Advisors LLC purchased a new position in iShares GSCI Commodity Dynamic Roll Strategy ETF in the 3rd quarter valued at about $86,000. Sanctuary Advisors LLC purchased a new stake in iShares GSCI Commodity Dynamic Roll Strategy ETF during the 2nd quarter worth approximately $220,000. Finally, Mercer Global Advisors Inc. ADV raised its holdings in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 29.8% during the second quarter. Mercer Global Advisors Inc. ADV now owns 10,891 shares of the company’s stock valued at $297,000 after acquiring an additional 2,500 shares during the last quarter. 1.80% of the stock is owned by institutional investors and hedge funds.

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.