Short Interest in iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) Rises By 1,715.1%

iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) was the target of a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 480,921 shares, a growth of 1,715.1% from the December 15th total of 26,496 shares. Based on an average daily trading volume, of 257,342 shares, the days-to-cover ratio is currently 1.9 days. Currently, 1.9% of the shares of the company are sold short. Currently, 1.9% of the shares of the company are sold short. Based on an average daily trading volume, of 257,342 shares, the days-to-cover ratio is currently 1.9 days.

iShares GSCI Commodity Dynamic Roll Strategy ETF Price Performance

Shares of NASDAQ COMT opened at $25.69 on Tuesday. The stock has a market capitalization of $652.53 million, a PE ratio of -12.41 and a beta of 0.23. iShares GSCI Commodity Dynamic Roll Strategy ETF has a one year low of $23.11 and a one year high of $27.62. The business’s fifty day moving average price is $26.10 and its 200-day moving average price is $26.36.

iShares GSCI Commodity Dynamic Roll Strategy ETF Dividend Announcement

The firm also recently disclosed an annual dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were issued a dividend of $1.9271 per share. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a yield of 795.0%. iShares GSCI Commodity Dynamic Roll Strategy ETF’s dividend payout ratio is -59.90%.

Institutional Trading of iShares GSCI Commodity Dynamic Roll Strategy ETF

A number of institutional investors have recently modified their holdings of the business. Royal Bank of Canada grew its stake in iShares GSCI Commodity Dynamic Roll Strategy ETF by 13.6% in the 1st quarter. Royal Bank of Canada now owns 18,112 shares of the company’s stock valued at $480,000 after buying an additional 2,171 shares in the last quarter. Jane Street Group LLC grew its position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 3.2% in the first quarter. Jane Street Group LLC now owns 137,798 shares of the company’s stock valued at $3,648,000 after purchasing an additional 4,304 shares in the last quarter. Focus Partners Wealth raised its stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 1.3% during the 1st quarter. Focus Partners Wealth now owns 274,387 shares of the company’s stock valued at $7,263,000 after purchasing an additional 3,415 shares during the period. Aletheian Wealth Advisors LLC lifted its holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF by 30.5% during the 2nd quarter. Aletheian Wealth Advisors LLC now owns 59,518 shares of the company’s stock worth $1,539,000 after purchasing an additional 13,914 shares in the last quarter. Finally, Alhambra Investment Management LLC boosted its stake in iShares GSCI Commodity Dynamic Roll Strategy ETF by 2.5% in the 2nd quarter. Alhambra Investment Management LLC now owns 79,965 shares of the company’s stock worth $2,067,000 after purchasing an additional 1,984 shares during the period. 1.80% of the stock is currently owned by hedge funds and other institutional investors.

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.