Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM) Short Interest Update

Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COMGet Free Report) saw a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 53,654 shares, a drop of 66.7% from the May 14th total of 161,104 shares. Currently, 0.7% of the shares of the stock are sold short. Based on an average trading volume of 207,176 shares, the short-interest ratio is presently 0.3 days.

Hedge Funds Weigh In On Direxion Auspice Broad Commodity Strategy ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. CoreCap Advisors LLC bought a new position in Direxion Auspice Broad Commodity Strategy ETF during the 4th quarter valued at about $26,000. Ball & Co Wealth Management Inc. bought a new position in Direxion Auspice Broad Commodity Strategy ETF during the 1st quarter valued at about $39,000. Kestra Advisory Services LLC bought a new position in Direxion Auspice Broad Commodity Strategy ETF during the 4th quarter valued at about $99,000. Verus Capital Partners LLC bought a new position in Direxion Auspice Broad Commodity Strategy ETF during the 3rd quarter valued at about $237,000. Finally, Envision Financial Transparency LLC bought a new position in Direxion Auspice Broad Commodity Strategy ETF during the 1st quarter valued at about $310,000.

Direxion Auspice Broad Commodity Strategy ETF Price Performance

Shares of NYSEARCA:COM traded down $0.05 during midday trading on Friday, reaching $33.06. 180,639 shares of the company’s stock were exchanged, compared to its average volume of 162,041. The company’s 50 day simple moving average is $33.92 and its two-hundred day simple moving average is $32.11. Direxion Auspice Broad Commodity Strategy ETF has a 12 month low of $27.46 and a 12 month high of $35.62.

About Direxion Auspice Broad Commodity Strategy ETF

(Get Free Report)

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.

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