GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (NYSEARCA:COMB) Short Interest Down 49.6% in December

GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (NYSEARCA:COMB) was the recipient of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totaling 30,318 shares, a decrease of 49.6% from the December 15th total of 60,214 shares. Based on an average daily trading volume, of 43,767 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.6% of the shares of the company are short sold. Approximately 0.6% of the shares of the company are short sold. Based on an average daily trading volume, of 43,767 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of COMB. Comerica Bank purchased a new position in shares of GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF in the first quarter worth about $28,000. Osaic Holdings Inc. boosted its stake in GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF by 184.0% during the second 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. Focus Partners Wealth increased its holdings in GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF by 24.9% in the 3rd quarter. Focus Partners Wealth now owns 17,601 shares of the company’s stock valued at $384,000 after purchasing an additional 3,510 shares during the last quarter. Brooklyn Investment Group grew its stake in shares of GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF by 12.3% in the third quarter. Brooklyn Investment Group now owns 25,276 shares of the company’s stock valued at $551,000 after buying an additional 2,770 shares in the last quarter. Finally, Janney Montgomery Scott LLC grew its position in 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 valued at $575,000 after acquiring an additional 728 shares in the last quarter.

GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF Trading Down 0.7%

NYSEARCA:COMB traded down $0.16 during trading hours on Thursday, reaching $21.94. The company had a trading volume of 176,364 shares, compared to its average volume of 58,746. GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF has a 1-year low of $19.71 and a 1-year high of $23.64. The business’s 50 day moving average price is $22.52 and its 200-day moving average price is $21.85.

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. COMB was launched on May 22, 2017 and is managed by GraniteShares.