Short Interest in GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (NYSEARCA:COMB) Rises By 103.6%

GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (NYSEARCA:COMB) was the recipient of a large increase in short interest in May. As of May 29th, there was short interest totaling 29,433 shares, an increase of 103.6% from the May 14th total of 14,459 shares. Based on an average daily trading volume, of 39,013 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.5% of the company’s shares are short sold.

Institutional Trading of GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Fifth Third Bancorp bought a new stake in shares of GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF during the 1st quarter valued at $31,000. Comerica Bank bought a new stake in shares of GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF during the 1st quarter valued at $28,000. Osaic Holdings Inc. raised its position in shares of GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF by 184.0% during the 2nd quarter. Osaic Holdings Inc. now owns 3,215 shares of the company’s stock valued at $67,000 after acquiring an additional 2,083 shares during the last quarter. IFP Advisors Inc raised its position in shares of GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF by 13.3% during the 4th quarter. IFP Advisors Inc now owns 4,436 shares of the company’s stock valued at $94,000 after acquiring an additional 521 shares during the last quarter. Finally, DMC Group LLC bought a new stake in shares of GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF during the 1st quarter valued at $229,000.

GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF Stock Down 0.7%

NYSEARCA:COMB traded down $0.19 during trading hours on Friday, hitting $25.21. 22,114 shares of the stock were exchanged, compared to its average volume of 72,595. The company’s 50 day moving average is $26.57 and its two-hundred day moving average is $24.49. GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF has a twelve month low of $20.23 and a twelve month high of $28.05.

About GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF

The GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (COMB) is an exchange-traded fund that is based on the Bloomberg Commodity index. The fund seeks to outperform a broad commodity market index through active management of the funds collateral. The index include futures contracts on up to 24 different commodities. COMB was launched on May 22, 2017 and is managed by GraniteShares.