Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM) Sees Large Decrease in Short Interest

Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM) was the recipient of a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 5,010 shares, a decrease of 69.5% from the August 31st total of 16,409 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 91,612 shares, the days-to-cover ratio is presently 0.1 days.

Direxion Auspice Broad Commodity Strategy ETF Stock Down 0.6%

Shares of Direxion Auspice Broad Commodity Strategy ETF stock traded down $0.21 during trading on Friday, hitting $35.08. The company’s stock had a trading volume of 357,474 shares, compared to its average volume of 132,753. The company has a fifty day simple moving average of $34.75 and a two-hundred day simple moving average of $34.01. Direxion Auspice Broad Commodity Strategy ETF has a 52 week low of $28.47 and a 52 week high of $35.93.

Hedge Funds Weigh In On Direxion Auspice Broad Commodity Strategy ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Pasadena Private Wealth LLC lifted its holdings in shares of Direxion Auspice Broad Commodity Strategy ETF by 17.4% during the first quarter. Pasadena Private Wealth LLC now owns 357,317 shares of the company’s stock valued at $11,995,000 after purchasing an additional 52,895 shares during the last quarter. Nations Financial Group Inc. IA ADV increased its position in Direxion Auspice Broad Commodity Strategy ETF by 12.7% during the 1st quarter. Nations Financial Group Inc. IA ADV now owns 92,972 shares of the company’s stock valued at $3,121,000 after buying an additional 10,506 shares in the last quarter. IFP Advisors Inc increased its position in Direxion Auspice Broad Commodity Strategy ETF by 1.0% during the 2nd quarter. IFP Advisors Inc now owns 48,825 shares of the company’s stock valued at $1,592,000 after buying an additional 468 shares in the last quarter. Rooted Wealth Advisors Inc. raised its stake in Direxion Auspice Broad Commodity Strategy ETF by 14.3% during the first quarter. Rooted Wealth Advisors Inc. now owns 40,888 shares of the company’s stock valued at $1,372,000 after buying an additional 5,111 shares during the last quarter. Finally, Essential Partners LLC boosted its holdings in Direxion Auspice Broad Commodity Strategy ETF by 1.6% in the first quarter. Essential Partners LLC now owns 40,534 shares of the company’s stock worth $1,361,000 after acquiring an additional 634 shares in the last quarter.

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.