iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG) Short Interest Down 56.8% in January

iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG) saw a large decline in short interest during the month of January. As of January 30th, there was short interest totaling 159,572 shares, a decline of 56.8% from the January 15th total of 369,129 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average daily volume of 980,658 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 980,658 shares, the short-interest ratio is currently 0.2 days. Approximately 0.4% of the company’s stock are short sold.

iShares S&P GSCI Commodity-Indexed Trust Stock Performance

Shares of GSG stock traded down $0.54 during trading hours on Thursday, hitting $24.69. 177,123 shares of the company were exchanged, compared to its average volume of 970,115. iShares S&P GSCI Commodity-Indexed Trust has a one year low of $19.86 and a one year high of $26.33. The business’s 50-day simple moving average is $23.88 and its two-hundred day simple moving average is $23.20. The stock has a market capitalization of $1.06 billion, a price-to-earnings ratio of 4.78 and a beta of 0.25.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in GSG. Amundi raised its position in shares of iShares S&P GSCI Commodity-Indexed Trust by 41.5% during the 1st quarter. Amundi now owns 7,500 shares of the company’s stock valued at $165,000 after acquiring an additional 2,200 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in iShares S&P GSCI Commodity-Indexed Trust by 41.6% in the first quarter. Goldman Sachs Group Inc. now owns 270,598 shares of the company’s stock worth $6,162,000 after purchasing an additional 79,531 shares during the period. Jane Street Group LLC acquired a new position in iShares S&P GSCI Commodity-Indexed Trust in the first quarter worth $5,902,000. Envestnet Portfolio Solutions Inc. increased its stake in iShares S&P GSCI Commodity-Indexed Trust by 34.4% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 16,303 shares of the company’s stock valued at $359,000 after purchasing an additional 4,177 shares during the last quarter. Finally, Empirical Asset Management LLC raised its holdings in shares of iShares S&P GSCI Commodity-Indexed Trust by 4.1% during the second quarter. Empirical Asset Management LLC now owns 114,908 shares of the company’s stock worth $2,533,000 after purchasing an additional 4,524 shares during the period. Institutional investors and hedge funds own 60.67% of the company’s stock.

About iShares S&P GSCI Commodity-Indexed Trust

iShares S&P GSCI Commodity-Indexed Trust (The Trust) is an investment trust that issues units of beneficial interest (shares) representing fractional undivided beneficial interests in its net assets. The Trust’s objective is to track the results of a fully collateralized investment in futures contracts on an index composed of a diversified group of commodities futures and to track the investment returns of the index before payment of the Trust’s expenses and liabilities. The Trust is a commodity pool.