Short Interest in iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) Decreases By 49.9%

iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) saw a significant drop in short interest in the month of January. As of January 15th, there was short interest totaling 64,350 shares, a drop of 49.9% from the December 31st total of 128,458 shares. Approximately 1.0% of the shares of the company are short sold. Based on an average daily trading volume, of 39,523 shares, the days-to-cover ratio is currently 1.6 days. Based on an average daily trading volume, of 39,523 shares, the days-to-cover ratio is currently 1.6 days. Approximately 1.0% of the shares of the company are short sold.

iShares Bloomberg Roll Select Commodity Strategy ETF Trading Up 1.0%

Shares of iShares Bloomberg Roll Select Commodity Strategy ETF stock opened at $54.90 on Thursday. The firm has a 50-day simple moving average of $51.93 and a two-hundred day simple moving average of $52.09. iShares Bloomberg Roll Select Commodity Strategy ETF has a fifty-two week low of $46.92 and a fifty-two week high of $56.24.

Institutional Trading of iShares Bloomberg Roll Select Commodity Strategy ETF

Institutional investors have recently bought and sold shares of the business. Envestnet Asset Management Inc. increased its position in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 16.0% in the third quarter. Envestnet Asset Management Inc. now owns 405,624 shares of the company’s stock valued at $21,336,000 after buying an additional 55,861 shares in the last quarter. Ameriprise Financial Inc. grew its stake in iShares Bloomberg Roll Select Commodity Strategy ETF by 8.4% in the 3rd quarter. Ameriprise Financial Inc. now owns 382,671 shares of the company’s stock valued at $20,131,000 after acquiring an additional 29,583 shares during the period. TD Waterhouse Canada Inc. increased its holdings in iShares Bloomberg Roll Select Commodity Strategy ETF by 8.8% in the 4th quarter. TD Waterhouse Canada Inc. now owns 315,113 shares of the company’s stock worth $15,337,000 after acquiring an additional 25,573 shares in the last quarter. Bank of America Corp DE raised its position in iShares Bloomberg Roll Select Commodity Strategy ETF by 39.7% during the third quarter. Bank of America Corp DE now owns 118,388 shares of the company’s stock worth $6,227,000 after acquiring an additional 33,630 shares during the period. Finally, CW Advisors LLC acquired a new position in iShares Bloomberg Roll Select Commodity Strategy ETF during the second quarter worth $5,468,000.

About iShares Bloomberg Roll Select Commodity Strategy ETF

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.