GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (NYSEARCA:COMB) Short Interest Update

GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (NYSEARCA:COMB) saw a large decline in short interest in January. As of January 30th, there was short interest totaling 24,333 shares, a decline of 61.3% from the January 15th total of 62,890 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 122,468 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 122,468 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.4% of the shares of the stock are sold short.

Institutional Trading of GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Comerica Bank acquired a new position in GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF in the 1st quarter valued at approximately $28,000. Osaic Holdings Inc. grew its stake in shares of GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF by 184.0% in the second quarter. Osaic Holdings Inc. now owns 3,215 shares of the company’s stock worth $67,000 after purchasing an additional 2,083 shares during the last quarter. IFP Advisors Inc increased its holdings in GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF by 13.3% in the fourth quarter. IFP Advisors Inc now owns 4,436 shares of the company’s stock valued at $94,000 after purchasing an additional 521 shares during the period. Focus Partners Wealth increased its holdings in GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF by 24.9% in the third quarter. Focus Partners Wealth now owns 17,601 shares of the company’s stock valued at $384,000 after purchasing an additional 3,510 shares during the period. Finally, Brooklyn Investment Group raised its position in GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF by 12.3% during the 3rd quarter. Brooklyn Investment Group now owns 25,276 shares of the company’s stock worth $551,000 after purchasing an additional 2,770 shares during the last quarter.

GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF Trading Down 0.5%

NYSEARCA COMB opened at $22.81 on Wednesday. The firm’s 50 day simple moving average is $22.58 and its 200 day simple moving average is $22.05. GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF has a 1 year low of $19.71 and a 1 year high of $24.49.

GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF Company Profile

The GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (COMB) is an exchange-traded fund that is based on the Bloomberg Commodity index. The fund seeks to outperform a broad commodity market index through active management of the funds collateral. The index include futures contracts on up to 24 different commodities. COMB was launched on May 22, 2017 and is managed by GraniteShares.