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

iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) saw a large growth in short interest in September. As of September 15th, there was short interest totaling 224,080 shares, a growth of 54.8% from the August 31st total of 144,761 shares. Based on an average daily volume of 310,110 shares, the short-interest ratio is currently 0.7 days. Approximately 0.6% of the company’s stock are short sold.

iShares GSCI Commodity Dynamic Roll Strategy ETF Stock Performance

Shares of NASDAQ COMT opened at $37.02 on Friday. The stock has a market cap of $1.40 billion, a price-to-earnings ratio of -17.88 and a beta of 0.11. The business has a 50 day simple moving average of $35.18 and a 200 day simple moving average of $33.94. iShares GSCI Commodity Dynamic Roll Strategy ETF has a 52 week low of $24.24 and a 52 week high of $38.33.

Institutional Trading of iShares GSCI Commodity Dynamic Roll Strategy ETF

A number of institutional investors have recently added to or reduced their stakes in the business. Nolet Wealth Management LLC increased its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 3.2% during the second quarter. Nolet Wealth Management LLC now owns 15,500 shares of the company’s stock worth $471,000 after buying an additional 483 shares during the last quarter. Wealth Alliance LLC raised its holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF by 0.6% during the first quarter. Wealth Alliance LLC now owns 105,985 shares of the company’s stock valued at $3,583,000 after buying an additional 603 shares in the last quarter. Aletheian Wealth Advisors LLC lifted its position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 1.1% in the second quarter. Aletheian Wealth Advisors LLC now owns 62,373 shares of the company’s stock worth $1,894,000 after buying an additional 684 shares during the last quarter. Spectrum Planning & Advisory Services Inc. boosted its stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 8.2% during the 4th quarter. Spectrum Planning & Advisory Services Inc. now owns 13,633 shares of the company’s stock worth $339,000 after acquiring an additional 1,039 shares in the last quarter. Finally, Essential Partners LLC boosted its stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 2.4% during the 1st quarter. Essential Partners LLC now owns 48,567 shares of the company’s stock worth $1,642,000 after acquiring an additional 1,146 shares in the last quarter. 1.80% of the stock is currently owned by institutional investors and hedge funds.

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.