iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) Short Interest Update

iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) was the recipient of a large growth in short interest during the month of February. As of February 15th, there was short interest totalling 141,100 shares, a growth of 115.4% from the January 31st total of 65,500 shares. Based on an average daily volume of 294,600 shares, the days-to-cover ratio is currently 0.5 days.

iShares GSCI Commodity Dynamic Roll Strategy ETF Price Performance

Shares of NASDAQ COMT opened at $25.72 on Friday. The business has a fifty day moving average price of $26.04 and a 200 day moving average price of $26.02. iShares GSCI Commodity Dynamic Roll Strategy ETF has a 1-year low of $24.44 and a 1-year high of $28.22. The stock has a market capitalization of $720.16 million, a P/E ratio of -12.43 and a beta of 0.46.

iShares GSCI Commodity Dynamic Roll Strategy ETF Announces Dividend

The business also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were issued a dividend of $1.2401 per share. The ex-dividend date of this dividend was Tuesday, December 17th. iShares GSCI Commodity Dynamic Roll Strategy ETF’s dividend payout ratio (DPR) is -59.90%.

Institutional Trading of iShares GSCI Commodity Dynamic Roll Strategy ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Alliancebernstein L.P. grew its holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF by 4.7% in the fourth quarter. Alliancebernstein L.P. now owns 780,255 shares of the company’s stock valued at $19,748,000 after purchasing an additional 35,138 shares during the period. Carrera Capital Advisors lifted its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 14.3% during the fourth quarter. Carrera Capital Advisors now owns 353,160 shares of the company’s stock worth $8,938,000 after buying an additional 44,076 shares in the last quarter. Evolution Wealth Advisors LLC lifted its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 43.9% during the fourth quarter. Evolution Wealth Advisors LLC now owns 335,884 shares of the company’s stock worth $8,501,000 after buying an additional 102,473 shares in the last quarter. Focus Partners Wealth lifted its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 20.3% during the fourth quarter. Focus Partners Wealth now owns 270,972 shares of the company’s stock worth $6,858,000 after buying an additional 45,729 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. raised its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 17.2% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 253,253 shares of the company’s stock valued at $6,562,000 after purchasing an additional 37,150 shares during the period. 1.80% of the stock is owned by institutional investors and hedge funds.

About iShares GSCI Commodity Dynamic Roll Strategy ETF

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.