iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) Sees Significant Growth in Short Interest

iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totaling 128,458 shares, an increase of 101.0% from the December 15th total of 63,898 shares. Based on an average trading volume of 79,921 shares, the short-interest ratio is presently 1.6 days. Approximately 2.1% of the shares of the stock are short sold. Approximately 2.1% of the shares of the stock are short sold. Based on an average trading volume of 79,921 shares, the short-interest ratio is presently 1.6 days.

Hedge Funds Weigh In On iShares Bloomberg Roll Select Commodity Strategy ETF

Large investors have recently bought and sold shares of the stock. Focus Partners Wealth boosted its stake in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 4.2% during the third quarter. Focus Partners Wealth now owns 7,732 shares of the company’s stock valued at $407,000 after purchasing an additional 315 shares during the period. CWM LLC raised its holdings in iShares Bloomberg Roll Select Commodity Strategy ETF by 682.3% during the 3rd quarter. CWM LLC now owns 485 shares of the company’s stock valued at $26,000 after buying an additional 423 shares during the last quarter. Valmark Advisers Inc. boosted its position in iShares Bloomberg Roll Select Commodity Strategy ETF by 10.4% during the 2nd quarter. Valmark Advisers Inc. now owns 4,784 shares of the company’s stock valued at $241,000 after buying an additional 450 shares during the period. Fifth Third Securities Inc. grew its holdings in iShares Bloomberg Roll Select Commodity Strategy ETF by 8.2% in the 2nd quarter. Fifth Third Securities Inc. now owns 6,027 shares of the company’s stock worth $304,000 after acquiring an additional 455 shares during the last quarter. Finally, Columbia River Financial Group LLC increased its position in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 8.1% in the third quarter. Columbia River Financial Group LLC now owns 8,240 shares of the company’s stock valued at $450,000 after acquiring an additional 615 shares during the period.

iShares Bloomberg Roll Select Commodity Strategy ETF Price Performance

Shares of NYSEARCA CMDY opened at $50.63 on Thursday. The business has a 50-day moving average of $52.34 and a 200-day moving average of $51.99. iShares Bloomberg Roll Select Commodity Strategy ETF has a 12 month low of $46.92 and a 12 month high of $56.24.

iShares Bloomberg Roll Select Commodity Strategy ETF Company Profile

The iShares Bloomberg Roll Select Broad Commodity ETF (CMDY) is an exchange-traded fund that is based on the Bloomberg Roll Select Commodity index. The fund tracks an index that holds futures contracts on a roll-cost optimized broad market commodity index. CMDY was launched on Apr 3, 2018 and is managed by Blackrock.