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 significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 229,300 shares, an increase of 62.5% from the February 13th total of 141,100 shares. Approximately 0.9% of the company’s shares are sold short. Based on an average daily trading volume, of 331,100 shares, the short-interest ratio is currently 0.7 days.

iShares GSCI Commodity Dynamic Roll Strategy ETF Stock Performance

COMT stock traded up $0.12 during trading on Friday, hitting $25.69. 105,937 shares of the company traded hands, compared to its average volume of 241,352. The company has a 50-day moving average of $26.11 and a 200-day moving average of $25.99. The firm has a market capitalization of $691.06 million, a PE ratio of -12.41 and a beta of 0.53. iShares GSCI Commodity Dynamic Roll Strategy ETF has a 1 year low of $24.44 and a 1 year high of $28.22.

iShares GSCI Commodity Dynamic Roll Strategy ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were given a $1.2401 dividend. The ex-dividend date was Tuesday, December 17th. iShares GSCI Commodity Dynamic Roll Strategy ETF’s payout ratio is -59.90%.

Institutional Trading of iShares GSCI Commodity Dynamic Roll Strategy ETF

Several large investors have recently modified their holdings of COMT. Nwam LLC purchased a new position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the third quarter valued at approximately $4,287,000. Sunbelt Securities Inc. increased its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 28,257.6% during the 4th quarter. Sunbelt Securities Inc. now owns 133,848 shares of the company’s stock valued at $3,365,000 after purchasing an additional 133,376 shares during the period. Evolution Wealth Advisors LLC raised its holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF by 43.9% in the 4th quarter. Evolution Wealth Advisors LLC now owns 335,884 shares of the company’s stock worth $8,501,000 after purchasing an additional 102,473 shares in the last quarter. Jane Street Group LLC raised its position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 285.6% in the 4th quarter. Jane Street Group LLC now owns 133,494 shares of the company’s stock worth $3,379,000 after acquiring an additional 98,875 shares in the last quarter. Finally, Avior Wealth Management LLC purchased a new position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF in the 4th quarter valued at approximately $2,260,000. 1.80% of the stock is owned by institutional investors.

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.