Short Interest in VanEck CMCI Commodity Strategy ETF (BATS:CMCI) Expands By 14,100.0%

VanEck CMCI Commodity Strategy ETF (BATS:CMCI) was the recipient of a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 142 shares, an increase of 14,100.0% from the July 30th total of 1 shares. Based on an average daily trading volume, of 77 shares, the days-to-cover ratio is presently 1.8 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in VanEck CMCI Commodity Strategy ETF stock. Jane Street Group LLC acquired a new stake in VanEck CMCI Commodity Strategy ETF (BATS:CMCI) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 9,209 shares of the company’s stock, valued at approximately $235,000. Jane Street Group LLC owned 9.21% of VanEck CMCI Commodity Strategy ETF at the end of the most recent reporting period.

VanEck CMCI Commodity Strategy ETF Stock Performance

BATS:CMCI traded down $0.15 during mid-day trading on Tuesday, reaching $30.68. The stock had a trading volume of 18 shares, compared to its average volume of 349. VanEck CMCI Commodity Strategy ETF has a 12 month low of $23.94 and a 12 month high of $31.03. The stock has a 50-day simple moving average of $28.93 and a two-hundred day simple moving average of $28.22.

About VanEck CMCI Commodity Strategy ETF

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.