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

iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) saw a significant decline in short interest in the month of January. As of January 15th, there was short interest totaling 167,141 shares, a decline of 65.2% from the December 31st total of 480,921 shares. Based on an average daily volume of 281,041 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.7% of the company’s shares are short sold. Approximately 0.7% of the company’s shares are short sold. Based on an average daily volume of 281,041 shares, the days-to-cover ratio is currently 0.6 days.

iShares GSCI Commodity Dynamic Roll Strategy ETF Trading Up 1.1%

COMT traded up $0.29 during mid-day trading on Thursday, hitting $27.77. 187,918 shares of the stock were exchanged, compared to its average volume of 229,979. The company has a market cap of $699.88 million, a PE ratio of -13.40 and a beta of 0.23. The firm’s fifty day moving average is $25.95 and its two-hundred day moving average is $26.37. iShares GSCI Commodity Dynamic Roll Strategy ETF has a 1-year low of $23.11 and a 1-year high of $28.36.

iShares GSCI Commodity Dynamic Roll Strategy ETF Dividend Announcement

The firm also recently declared an annual dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were issued a $1.9271 dividend. The ex-dividend date was Tuesday, December 16th. This represents a yield of 795.0%. iShares GSCI Commodity Dynamic Roll Strategy ETF’s payout ratio is -59.90%.

Institutional Investors Weigh In On iShares GSCI Commodity Dynamic Roll Strategy ETF

A number of institutional investors and hedge funds have recently modified their holdings of COMT. VCI Wealth Management LLC boosted its stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 12.4% during the 4th quarter. VCI Wealth Management LLC now owns 234,159 shares of the company’s stock valued at $5,829,000 after buying an additional 25,780 shares during the period. Security Financial Services INC. raised its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 11.3% during the fourth quarter. Security Financial Services INC. now owns 9,255 shares of the company’s stock valued at $230,000 after acquiring an additional 942 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 68.0% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 20,500 shares of the company’s stock worth $510,000 after acquiring an additional 8,300 shares in the last quarter. Farther Finance Advisors LLC boosted its holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF by 39.5% in the fourth quarter. Farther Finance Advisors LLC now owns 2,627 shares of the company’s stock worth $65,000 after purchasing an additional 744 shares in the last quarter. Finally, Assetmark Inc. boosted its stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 1,059.2% during the 4th quarter. Assetmark Inc. now owns 228,005 shares of the company’s stock worth $5,676,000 after acquiring an additional 208,335 shares in the last quarter. Institutional investors and hedge funds own 1.80% of the company’s stock.

iShares GSCI Commodity Dynamic Roll Strategy ETF Company Profile

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.