Short Interest in Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM) Drops By 94.0%

Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM) saw a large decline in short interest during the month of January. As of January 15th, there was short interest totaling 892 shares, a decline of 94.0% from the December 31st total of 14,890 shares. Based on an average daily trading volume, of 64,835 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 64,835 shares, the short-interest ratio is presently 0.0 days.

Direxion Auspice Broad Commodity Strategy ETF Stock Performance

Shares of NYSEARCA:COM traded up $0.24 during trading on Wednesday, reaching $31.82. The stock had a trading volume of 48,738 shares, compared to its average volume of 47,735. The business has a fifty day moving average price of $30.00 and a 200-day moving average price of $29.02. Direxion Auspice Broad Commodity Strategy ETF has a 1-year low of $27.46 and a 1-year high of $31.82.

Institutional Trading of Direxion Auspice Broad Commodity Strategy ETF

Hedge funds have recently bought and sold shares of the business. CoreCap Advisors LLC purchased a new position in Direxion Auspice Broad Commodity Strategy ETF during the fourth quarter worth approximately $26,000. SBI Securities Co. Ltd. boosted its position in shares of Direxion Auspice Broad Commodity Strategy ETF by 24.1% during the 2nd quarter. SBI Securities Co. Ltd. now owns 2,110 shares of the company’s stock valued at $58,000 after acquiring an additional 410 shares during the last quarter. Ameritas Advisory Services LLC purchased a new stake in shares of Direxion Auspice Broad Commodity Strategy ETF in the second quarter valued at about $67,000. Farther Finance Advisors LLC increased its position in Direxion Auspice Broad Commodity Strategy ETF by 2,996.1% during the third quarter. Farther Finance Advisors LLC now owns 5,604 shares of the company’s stock worth $161,000 after purchasing an additional 5,423 shares during the last quarter. Finally, Verus Capital Partners LLC purchased a new position in Direxion Auspice Broad Commodity Strategy ETF during the third quarter worth about $237,000.

About Direxion Auspice Broad Commodity Strategy ETF

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.