iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) Short Interest Update

iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) was the target of a large drop in short interest during the month of March. As of March 31st, there was short interest totalling 10,800 shares, a drop of 83.8% from the March 15th total of 66,800 shares. Based on an average daily trading volume, of 260,200 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Institutional Investors Weigh In On iShares GSCI Commodity Dynamic Roll Strategy ETF

Several hedge funds have recently bought and sold shares of COMT. Marion Wealth Management purchased a new stake in iShares GSCI Commodity Dynamic Roll Strategy ETF during the fourth quarter worth $969,000. Pines Wealth Management LLC purchased a new stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the 4th quarter worth about $1,185,000. Alhambra Investment Management LLC boosted its stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 0.8% during the 4th quarter. Alhambra Investment Management LLC now owns 64,779 shares of the company’s stock worth $1,640,000 after acquiring an additional 492 shares in the last quarter. Prosperity Planning Inc. increased its stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 10.3% in the 4th quarter. Prosperity Planning Inc. now owns 21,885 shares of the company’s stock valued at $554,000 after purchasing an additional 2,035 shares in the last quarter. Finally, Atomi Financial Group Inc. raised its holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF by 38.1% in the 4th quarter. Atomi Financial Group Inc. now owns 242,082 shares of the company’s stock worth $6,127,000 after purchasing an additional 66,760 shares during the period. Hedge funds and other institutional investors own 1.80% of the company’s stock.

iShares GSCI Commodity Dynamic Roll Strategy ETF Stock Down 0.2 %

Shares of COMT stock traded down $0.04 on Tuesday, hitting $24.51. The company had a trading volume of 131,586 shares, compared to its average volume of 267,844. The firm has a market cap of $620.10 million, a P/E ratio of -11.84 and a beta of 0.53. iShares GSCI Commodity Dynamic Roll Strategy ETF has a twelve month low of $23.11 and a twelve month high of $27.99. The company has a 50-day moving average price of $25.71 and a 200-day moving average price of $25.94.

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.