iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) Shares Shorted: Short Interest Down 86.9% in September

iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) was the recipient of a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 29,265 shares, a decline of 86.9% from the September 15th total of 224,080 shares. Based on an average daily volume of 346,974 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s shares are short sold.

iShares GSCI Commodity Dynamic Roll Strategy ETF Price Performance

Shares of COMT traded up $0.39 during mid-day trading on Monday, reaching $37.88. 670,871 shares of the company’s stock traded hands, compared to its average volume of 480,032. The stock’s 50-day moving average is $35.65 and its two-hundred day moving average is $34.09. The stock has a market cap of $1.41 billion, a P/E ratio of -18.30 and a beta of 0.11. iShares GSCI Commodity Dynamic Roll Strategy ETF has a 12 month low of $24.24 and a 12 month high of $38.33.

Institutional Trading of iShares GSCI Commodity Dynamic Roll Strategy ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Nolet Wealth Management LLC raised its holdings in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 3.2% in the 2nd quarter. Nolet Wealth Management LLC now owns 15,500 shares of the company’s stock valued at $471,000 after purchasing an additional 483 shares in the last quarter. Wealth Alliance LLC boosted its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 0.6% during the first quarter. Wealth Alliance LLC now owns 105,985 shares of the company’s stock valued at $3,583,000 after purchasing an additional 603 shares in the last quarter. Aletheian Wealth Advisors LLC boosted its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 1.1% during the second quarter. Aletheian Wealth Advisors LLC now owns 62,373 shares of the company’s stock valued at $1,894,000 after purchasing an additional 684 shares in the last quarter. Essential Partners LLC grew its stake in iShares GSCI Commodity Dynamic Roll Strategy ETF by 2.4% in the first quarter. Essential Partners LLC now owns 48,567 shares of the company’s stock valued at $1,642,000 after purchasing an additional 1,146 shares during the last quarter. Finally, Brookstone Capital Management grew its stake in iShares GSCI Commodity Dynamic Roll Strategy ETF by 12.1% in the first quarter. Brookstone Capital Management now owns 26,651 shares of the company’s stock valued at $901,000 after purchasing an additional 2,876 shares during the last quarter. Institutional investors own 1.80% of the company’s stock.

iShares GSCI Commodity Dynamic Roll Strategy ETF Company Profile

The iShares GSCI Commodity Dynamic Roll Strategy ETF (COMT) is an exchange-traded fund that is based on the S&P GSCI Dynamic Roll index. The fund tracks a broad-market commodity index that utilizes a flexible dynamic roll strategy. COMT was launched on Oct 16, 2014 and is managed by BlackRock.