Short Interest in GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (NYSEARCA:COMB) Declines By 30.9%

GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (NYSEARCA:COMB) was the target of a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 30,900 shares, a decrease of 30.9% from the September 30th total of 44,700 shares. Currently, 0.7% of the company’s stock are short sold. Based on an average trading volume of 27,700 shares, the short-interest ratio is currently 1.1 days. Based on an average trading volume of 27,700 shares, the short-interest ratio is currently 1.1 days. Currently, 0.7% of the company’s stock are short sold.

GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF Stock Performance

Shares of NYSEARCA COMB traded down $0.25 during mid-day trading on Tuesday, reaching $22.35. 17,136 shares of the company traded hands, compared to its average volume of 41,091. The company’s fifty day moving average is $21.77 and its two-hundred day moving average is $21.31. GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF has a fifty-two week low of $19.71 and a fifty-two week high of $22.59.

Institutional Trading of GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF

Hedge funds have recently added to or reduced their stakes in the business. Janney Montgomery Scott LLC lifted its position in shares of GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF by 2.7% in the 2nd quarter. Janney Montgomery Scott LLC now owns 27,381 shares of the company’s stock worth $575,000 after acquiring an additional 728 shares during the period. Comerica Bank bought a new position in shares of GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF during the 1st quarter worth approximately $28,000. Osaic Holdings Inc. lifted its position in shares of GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF by 184.0% during the 2nd quarter. Osaic Holdings Inc. now owns 3,215 shares of the company’s stock worth $67,000 after buying an additional 2,083 shares during the period. American Financial & Tax Strategies Inc. lifted its position in shares of GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF by 1.1% during the 3rd quarter. American Financial & Tax Strategies Inc. now owns 223,355 shares of the company’s stock worth $4,869,000 after buying an additional 2,389 shares during the period. Finally, Appleton Partners Inc. MA lifted its position in shares of GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF by 1.6% during the 2nd quarter. Appleton Partners Inc. MA now owns 171,902 shares of the company’s stock worth $3,608,000 after buying an additional 2,657 shares during the period.

About GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF

The GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (COMB) is an exchange-traded fund that is based on the Bloomberg Commodity index. The fund seeks to outperform a broad commodity market index through active management of the funds collateral. The index include futures contracts on up to 24 different commodities.