Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM) Short Interest Update

Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM) was the target of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 34,645 shares, an increase of 161.7% from the June 15th total of 13,240 shares. Currently, 0.6% of the shares of the stock are sold short. Based on an average daily volume of 147,399 shares, the short-interest ratio is presently 0.2 days.

Institutional Investors Weigh In On Direxion Auspice Broad Commodity Strategy ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of COM. Pasadena Private Wealth LLC boosted its position in Direxion Auspice Broad Commodity Strategy ETF by 17.4% during the 1st quarter. Pasadena Private Wealth LLC now owns 357,317 shares of the company’s stock worth $11,995,000 after buying an additional 52,895 shares during the period. NewEdge Advisors LLC acquired a new position in Direxion Auspice Broad Commodity Strategy ETF in the 1st quarter valued at approximately $715,000. Wilkerson Advisory Group LLC acquired a new position in Direxion Auspice Broad Commodity Strategy ETF in the 4th quarter valued at approximately $546,000. Virtu Financial LLC raised its stake in shares of Direxion Auspice Broad Commodity Strategy ETF by 233.3% during the fourth quarter. Virtu Financial LLC now owns 23,927 shares of the company’s stock valued at $708,000 after acquiring an additional 16,748 shares during the last quarter. Finally, Nvest Wealth Strategies Inc. bought a new position in shares of Direxion Auspice Broad Commodity Strategy ETF during the fourth quarter valued at $333,000.

Direxion Auspice Broad Commodity Strategy ETF Stock Performance

Shares of Direxion Auspice Broad Commodity Strategy ETF stock opened at $33.85 on Thursday. The company’s 50 day moving average price is $33.63 and its two-hundred day moving average price is $32.67. Direxion Auspice Broad Commodity Strategy ETF has a fifty-two week low of $27.46 and a fifty-two week high of $35.62.

About Direxion Auspice Broad Commodity Strategy ETF

The Direxion Auspice Broad Commodity Strategy ETF (COM) is an exchange-traded fund that is based on the Auspice Broad Commodity index. The fund tracks a broad-market index consisting of 12 commodity futures contracts, weighted by historical volatility, which can toggle to cash based on momentum. The fund will also hold short-term fixed income securities as collateral. COM was launched on Mar 30, 2017 and is managed by Direxion.