iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG) Sees Large Decrease in Short Interest

iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG) was the target of a large decline in short interest in March. As of March 13th, there was short interest totaling 337,592 shares, a decline of 86.9% from the February 26th total of 2,584,579 shares. Based on an average daily volume of 2,523,350 shares, the short-interest ratio is currently 0.1 days. Currently, 0.8% of the company’s stock are sold short. Currently, 0.8% of the company’s stock are sold short. Based on an average daily volume of 2,523,350 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Headlands Technologies LLC bought a new stake in shares of iShares S&P GSCI Commodity-Indexed Trust during the second quarter worth $35,000. Bfsg LLC bought a new stake in iShares S&P GSCI Commodity-Indexed Trust in the 4th quarter valued at $42,000. Sunbelt Securities Inc. boosted its stake in iShares S&P GSCI Commodity-Indexed Trust by 23.0% in the 3rd quarter. Sunbelt Securities Inc. now owns 2,868 shares of the company’s stock worth $66,000 after purchasing an additional 537 shares during the period. Sound Income Strategies LLC boosted its stake in iShares S&P GSCI Commodity-Indexed Trust by 85.4% in the 3rd quarter. Sound Income Strategies LLC now owns 3,433 shares of the company’s stock worth $79,000 after purchasing an additional 1,581 shares during the period. Finally, Reflection Asset Management bought a new position in iShares S&P GSCI Commodity-Indexed Trust during the 4th quarter worth about $92,000. Institutional investors and hedge funds own 60.67% of the company’s stock.

iShares S&P GSCI Commodity-Indexed Trust Stock Up 2.1%

Shares of GSG traded up $0.63 on Tuesday, hitting $30.64. The company’s stock had a trading volume of 1,508,502 shares, compared to its average volume of 1,218,177. The firm’s fifty day moving average price is $26.61 and its 200-day moving average price is $24.31. iShares S&P GSCI Commodity-Indexed Trust has a fifty-two week low of $19.86 and a fifty-two week high of $31.95. The firm has a market capitalization of $1.32 billion, a price-to-earnings ratio of 4.78 and a beta of 0.25.

iShares S&P GSCI Commodity-Indexed Trust Company Profile

iShares S&P GSCI Commodity-Indexed Trust (The Trust) is an investment trust that issues units of beneficial interest (shares) representing fractional undivided beneficial interests in its net assets. The Trust’s objective is to track the results of a fully collateralized investment in futures contracts on an index composed of a diversified group of commodities futures and to track the investment returns of the index before payment of the Trust’s expenses and liabilities. The Trust is a commodity pool.