iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) Short Interest Up 62.5% in February

iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) was the target of a large increase in short interest in 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. Based on an average trading volume of 331,100 shares, the short-interest ratio is presently 0.7 days. Currently, 0.9% of the company’s shares are short sold.

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

Several institutional investors and hedge funds have recently bought and sold shares of COMT. Sunbelt Securities Inc. lifted its holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF by 28,257.6% in the fourth quarter. Sunbelt Securities Inc. now owns 133,848 shares of the company’s stock valued at $3,365,000 after acquiring an additional 133,376 shares during the last quarter. Focus Partners Advisor Solutions LLC raised its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 46.5% in the fourth quarter. Focus Partners Advisor Solutions LLC now owns 26,529 shares of the company’s stock valued at $671,000 after purchasing an additional 8,416 shares during the period. Note Advisors LLC acquired a new position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF in the 4th quarter valued at $1,323,000. Focus Partners Wealth grew its holdings in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 20.3% during the 4th quarter. Focus Partners Wealth now owns 270,972 shares of the company’s stock worth $6,858,000 after purchasing an additional 45,729 shares during the period. Finally, Cetera Investment Advisers increased its position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 15.2% during the 4th quarter. Cetera Investment Advisers now owns 26,827 shares of the company’s stock worth $679,000 after purchasing an additional 3,530 shares during the last quarter. 1.80% of the stock is currently owned by institutional investors and hedge funds.

iShares GSCI Commodity Dynamic Roll Strategy ETF Trading Up 0.5 %

Shares of COMT stock opened at $25.69 on Monday. iShares GSCI Commodity Dynamic Roll Strategy ETF has a twelve month low of $24.44 and a twelve month high of $28.22. The company’s 50-day moving average price is $26.11 and its 200-day moving average price is $25.98. The stock has a market cap of $691.06 million, a price-to-earnings ratio of -12.41 and a beta of 0.53.

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.