iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) Sees Large Decrease in Short Interest

iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) was the recipient of a significant decline in short interest in the month of January. As of January 30th, there was short interest totaling 123,349 shares, a decline of 26.2% from the January 15th total of 167,141 shares. Based on an average trading volume of 212,760 shares, the short-interest ratio is presently 0.6 days. Currently, 0.5% of the shares of the company are sold short. Currently, 0.5% of the shares of the company are sold short. Based on an average trading volume of 212,760 shares, the short-interest ratio is presently 0.6 days.

iShares GSCI Commodity Dynamic Roll Strategy ETF Trading Up 0.2%

Shares of NASDAQ:COMT opened at $26.70 on Friday. The firm has a market capitalization of $672.84 million, a PE ratio of -12.90 and a beta of 0.23. iShares GSCI Commodity Dynamic Roll Strategy ETF has a 1-year low of $23.11 and a 1-year high of $28.36. The business’s 50 day moving average is $26.00 and its 200-day moving average is $26.42.

iShares GSCI Commodity Dynamic Roll Strategy ETF Dividend Announcement

The business also recently disclosed an annual dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were paid a dividend of $1.9271 per share. The ex-dividend date was Tuesday, December 16th. This represents a dividend yield of 795.0%. iShares GSCI Commodity Dynamic Roll Strategy ETF’s dividend payout ratio is currently -59.90%.

Institutional Investors Weigh In On iShares GSCI Commodity Dynamic Roll Strategy ETF

Institutional investors have recently made changes to their positions in the stock. Kingdom Financial Group LLC. bought a new stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF in the fourth quarter worth $30,000. Tucker Asset Management LLC bought a new stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the fourth quarter worth about $31,000. Triumph Capital Management bought a new position in iShares GSCI Commodity Dynamic Roll Strategy ETF in the 3rd quarter valued at about $33,000. Principia Wealth Advisory LLC increased its position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 509.7% during the 4th quarter. Principia Wealth Advisory LLC now owns 2,396 shares of the company’s stock valued at $60,000 after purchasing an additional 2,003 shares during the last quarter. Finally, Advisory Services Network LLC bought a new stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the 3rd quarter worth $63,000. 1.80% of the stock is currently owned by institutional investors.

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.