VanEck CMCI Commodity Strategy ETF (BATS:CMCI) Short Interest Down 78.9% in August

VanEck CMCI Commodity Strategy ETF (BATS:CMCI) was the target of a large decrease in short interest in August. As of August 31st, there was short interest totaling 30 shares, a decrease of 78.9% from the August 15th total of 142 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 166 shares, the days-to-cover ratio is presently 0.2 days.

VanEck CMCI Commodity Strategy ETF Trading Down 0.8%

CMCI opened at $31.68 on Friday. VanEck CMCI Commodity Strategy ETF has a one year low of $23.94 and a one year high of $31.96. The business’s 50-day simple moving average is $29.95 and its 200-day simple moving average is $28.81.

Hedge Funds Weigh In On VanEck CMCI Commodity Strategy ETF

A hedge fund recently raised its position in VanEck CMCI Commodity Strategy ETF stock. Jane Street Group LLC grew its stake in shares of VanEck CMCI Commodity Strategy ETF (BATS:CMCI) by 125.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 21,797 shares of the company’s stock after purchasing an additional 12,128 shares during the quarter. Jane Street Group LLC owned approximately 21.80% of VanEck CMCI Commodity Strategy ETF worth $522,000 as of its most recent filing with the Securities and Exchange Commission.

VanEck CMCI Commodity Strategy ETF Company Profile

The VanEck CMCI Commodity Strategy ETF (CMCI) is an exchange-traded fund that is based on the UBS Constant Maturity Commodity index. The fund tracks a broad index that represents the five commodity sectors: agriculture, energy, livestock, precious metals, and industrial metals. The index aims to provide beta exposure across 29 commodity components and maturities. CMCI was launched on Aug 21, 2023 and is issued by VanEck.