iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) Short Interest Up 39.2% in March

iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) saw a large increase in short interest in March. As of March 13th, there was short interest totaling 27,520 shares, an increase of 39.2% from the February 26th total of 19,773 shares. Based on an average daily volume of 112,700 shares, the short-interest ratio is presently 0.2 days. Currently, 0.4% of the company’s stock are short sold.

iShares Bloomberg Roll Select Commodity Strategy ETF Stock Up 2.3%

NYSEARCA CMDY opened at $59.24 on Friday. The firm’s fifty day moving average price is $54.96 and its two-hundred day moving average price is $53.41. iShares Bloomberg Roll Select Commodity Strategy ETF has a 1 year low of $46.92 and a 1 year high of $59.71.

Institutional Investors Weigh In On iShares Bloomberg Roll Select Commodity Strategy ETF

A number of institutional investors and hedge funds have recently modified their holdings of CMDY. CW Advisors LLC bought a new position in iShares Bloomberg Roll Select Commodity Strategy ETF during the second quarter worth about $5,468,000. Osaic Holdings Inc. raised its stake in iShares Bloomberg Roll Select Commodity Strategy ETF by 121.4% in the fourth quarter. Osaic Holdings Inc. now owns 160,976 shares of the company’s stock valued at $7,848,000 after buying an additional 88,265 shares during the period. Envestnet Asset Management Inc. lifted 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 during the last quarter. Ameriprise Financial Inc. boosted its stake in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 12.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 353,088 shares of the company’s stock worth $17,809,000 after acquiring an additional 38,157 shares during the period. Finally, Disciplina Capital Management LLC boosted its stake in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 21.6% during the 4th quarter. Disciplina Capital Management LLC now owns 194,906 shares of the company’s stock worth $9,502,000 after acquiring an additional 34,556 shares during the period.

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.