iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) Short Interest Down 83.0% in June

iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) was the recipient of a large decline in short interest in June. As of June 30th, there was short interest totaling 9,302 shares, a decline of 83.0% from the June 15th total of 54,635 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 75,005 shares, the short-interest ratio is currently 0.1 days.

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

Several institutional investors have recently bought and sold shares of CMDY. Brighton Jones LLC bought a new position in iShares Bloomberg Roll Select Commodity Strategy ETF in the 4th quarter valued at about $340,000. Raymond James Financial Inc. raised its position in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 4.2% during the 2nd quarter. Raymond James Financial Inc. now owns 25,392 shares of the company’s stock worth $1,281,000 after buying an additional 1,029 shares in the last quarter. Ameriprise Financial Inc. raised its position 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 buying an additional 38,157 shares in the last quarter. Bank of America Corp DE raised its position in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 37.3% during the 2nd quarter. Bank of America Corp DE now owns 84,758 shares of the company’s stock worth $4,275,000 after buying an additional 23,006 shares in the last quarter. Finally, Osaic Holdings Inc. lifted its stake in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 11.7% in the 2nd quarter. Osaic Holdings Inc. now owns 21,464 shares of the company’s stock worth $1,082,000 after acquiring an additional 2,241 shares during the period.

iShares Bloomberg Roll Select Commodity Strategy ETF Trading Down 0.1%

CMDY stock traded down $0.04 during trading on Friday, reaching $56.93. 31,543 shares of the company’s stock were exchanged, compared to its average volume of 77,752. iShares Bloomberg Roll Select Commodity Strategy ETF has a 1-year low of $47.63 and a 1-year high of $63.76. The company’s fifty day moving average price is $59.10 and its 200-day moving average price is $56.44.

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.