iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) Short Interest Up 39.2% in March

iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) was the target of a significant increase in short interest in March. As of March 13th, there was short interest totaling 27,520 shares, an increase of 39.2% from the February 26th total of 19,773 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average daily volume of 112,700 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of iShares Bloomberg Roll Select Commodity Strategy ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Osaic Holdings Inc. raised its holdings in iShares Bloomberg Roll Select Commodity Strategy ETF by 121.4% during the fourth quarter. Osaic Holdings Inc. now owns 160,976 shares of the company’s stock worth $7,848,000 after acquiring an additional 88,265 shares in the last quarter. Seaside Wealth Management Inc. grew its stake in iShares Bloomberg Roll Select Commodity Strategy ETF by 12.5% in the fourth quarter. Seaside Wealth Management Inc. now owns 4,813 shares of the company’s stock valued at $235,000 after purchasing an additional 535 shares in the last quarter. Faithward Advisors LLC increased its position in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 8.1% during the 4th quarter. Faithward Advisors LLC now owns 5,961 shares of the company’s stock worth $291,000 after purchasing an additional 447 shares during the last quarter. MML Investors Services LLC increased its position in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 56.2% during the 4th quarter. MML Investors Services LLC now owns 8,517 shares of the company’s stock worth $415,000 after purchasing an additional 3,065 shares during the last quarter. Finally, Kestra Advisory Services LLC bought a new stake in shares of iShares Bloomberg Roll Select Commodity Strategy ETF during the 4th quarter worth approximately $26,000.

iShares Bloomberg Roll Select Commodity Strategy ETF Trading Up 0.7%

Shares of CMDY stock opened at $59.66 on Tuesday. The firm’s fifty day moving average price is $55.14 and its two-hundred day moving average price is $53.48. iShares Bloomberg Roll Select Commodity Strategy ETF has a 1 year low of $46.92 and a 1 year high of $59.82.

iShares Bloomberg Roll Select Commodity Strategy ETF Company Profile

The iShares Bloomberg Roll Select Broad Commodity ETF (CMDY) is an exchange-traded fund that is based on the Bloomberg Roll Select Commodity index. The fund tracks an index that holds futures contracts on a roll-cost optimized broad market commodity index. CMDY was launched on Apr 3, 2018 and is managed by Blackrock.