SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF (NYSEARCA:CERY – Get Free Report) was the recipient of a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 62,893 shares, a decline of 70.6% from the July 30th total of 214,041 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily volume of 175,470 shares, the days-to-cover ratio is currently 0.4 days.
SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF Stock Performance
NYSEARCA:CERY traded up $0.03 during midday trading on Friday, hitting $38.22. 66,488 shares of the company traded hands, compared to its average volume of 190,415. The firm’s fifty day moving average is $35.68 and its 200-day moving average is $35.29. SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF has a 12-month low of $27.87 and a 12-month high of $40.23.
Institutional Investors Weigh In On SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF
Hedge funds and other institutional investors have recently made changes to their positions in the company. Flow Traders U.S. LLC bought a new position in SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF during the 3rd quarter valued at about $324,000. Triumph Capital Management bought a new stake in SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF in the third quarter worth about $122,000. Oarsman Capital Inc. raised its holdings in shares of SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF by 37.9% in the fourth quarter. Oarsman Capital Inc. now owns 24,488 shares of the company’s stock worth $699,000 after buying an additional 6,728 shares during the period. USAdvisors Wealth Management LLC bought a new stake in shares of SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF during the 1st quarter worth approximately $203,000. Finally, Strategic Investment Advisors MI purchased a new position in SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF during the 1st quarter valued at $247,000.
SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF Company Profile
The SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF (CERY) is an exchange-traded fund that is based on the Bloomberg Enhanced Roll Yield index. The fund tracks a liquid, broad commodity index, providing diversified exposure across five commodity sectors. The index utilizes an enhanced roll methodology designed to mitigate the impact of negative carry. CERY was launched on Sep 4, 2024 and is issued by State Street.
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