Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM – Get Free Report) was the target of a large increase in short interest in October. As of October 30th, there was short interest totaling 36,728 shares, an increase of 726.1% from the October 15th total of 4,446 shares. Currently, 0.6% of the company’s stock are short sold. Based on an average daily volume of 32,390 shares, the short-interest ratio is currently 1.1 days.
Direxion Auspice Broad Commodity Strategy ETF Price Performance
Shares of COM stock traded down $0.12 during mid-day trading on Thursday, hitting $33.48. The stock had a trading volume of 13,673 shares, compared to its average volume of 118,128. Direxion Auspice Broad Commodity Strategy ETF has a 12-month low of $29.16 and a 12-month high of $35.93. The firm’s 50-day moving average is $34.87 and its two-hundred day moving average is $33.74.
Institutional Trading of Direxion Auspice Broad Commodity Strategy ETF
Institutional investors and hedge funds have recently made changes to their positions in the company. HighTower Advisors LLC purchased a new position in Direxion Auspice Broad Commodity Strategy ETF during the 3rd quarter valued at about $29,956,000. Compass Financial Group Inc. lifted its position in shares of Direxion Auspice Broad Commodity Strategy ETF by 2.1% in the 3rd quarter. Compass Financial Group Inc. now owns 63,487 shares of the company’s stock worth $2,211,000 after purchasing an additional 1,329 shares during the period. Commonwealth Equity Services LLC purchased a new stake in shares of Direxion Auspice Broad Commodity Strategy ETF in the 3rd quarter worth approximately $4,075,000. Integrity Advisory Solutions LLC boosted its stake in shares of Direxion Auspice Broad Commodity Strategy ETF by 14.6% during the third quarter. Integrity Advisory Solutions LLC now owns 23,521 shares of the company’s stock valued at $819,000 after purchasing an additional 3,001 shares in the last quarter. Finally, Avestar Capital LLC boosted its stake in shares of Direxion Auspice Broad Commodity Strategy ETF by 6.4% during the third quarter. Avestar Capital LLC now owns 39,352 shares of the company’s stock valued at $1,371,000 after purchasing an additional 2,352 shares in the last quarter.
Direxion Auspice Broad Commodity Strategy ETF Company Profile
The Direxion Auspice Broad Commodity Strategy ETF (COM) is an exchange-traded fund that is based on the Auspice Broad Commodity index. The fund tracks a broad-market index consisting of 12 commodity futures contracts, weighted by historical volatility, which can toggle to cash based on momentum. The fund will also hold short-term fixed income securities as collateral. COM was launched on Mar 30, 2017 and is managed by Direxion.
See Also
- Five stocks we like better than Direxion Auspice Broad Commodity Strategy ETF
- Checkmate for AI Chips? NVIDIA’s Crisis Opens the Board
- Can NVIDIA Maintain Its Momentum Without Huang?
- Six Flags Lost $366 Million in Q3—Its Insiders Just Went Shopping
- What Went Wrong With Amprius Technologies’ Q3? Less Than You’d Think
Receive News & Ratings for Direxion Auspice Broad Commodity Strategy ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Auspice Broad Commodity Strategy ETF and related companies with MarketBeat.com's FREE daily email newsletter.
