Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM) Stock Short Interest Report for September

Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM) saw a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 28,592 shares, an increase of 470.7% from the September 15th total of 5,010 shares. Based on an average daily volume of 66,638 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.5% of the shares of the company are short sold.

Direxion Auspice Broad Commodity Strategy ETF Stock Performance

COM remained flat at $35.07 during trading on Friday. The company had a trading volume of 121,718 shares, compared to its average volume of 127,946. Direxion Auspice Broad Commodity Strategy ETF has a twelve month low of $28.61 and a twelve month high of $35.93. The company has a 50-day simple moving average of $34.95 and a 200-day simple moving average of $34.11.

Institutional Investors Weigh In On Direxion Auspice Broad Commodity Strategy ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Ball & Co Wealth Management Inc. bought a new position in shares of Direxion Auspice Broad Commodity Strategy ETF in the first quarter valued at approximately $39,000. Kestra Advisory Services LLC grew its stake in Direxion Auspice Broad Commodity Strategy ETF by 131.8% during the first quarter. Kestra Advisory Services LLC now owns 7,796 shares of the company’s stock valued at $262,000 after acquiring an additional 4,433 shares in the last quarter. Envision Financial Transparency LLC purchased a new position in Direxion Auspice Broad Commodity Strategy ETF during the first quarter valued at approximately $310,000. Cetera Investment Advisers grew its stake in Direxion Auspice Broad Commodity Strategy ETF by 4.1% during the first quarter. Cetera Investment Advisers now owns 19,336 shares of the company’s stock valued at $649,000 after acquiring an additional 759 shares in the last quarter. Finally, Virtu Financial LLC increased its holdings in Direxion Auspice Broad Commodity Strategy ETF by 233.3% during the 4th quarter. Virtu Financial LLC now owns 23,927 shares of the company’s stock worth $708,000 after acquiring an additional 16,748 shares during the period.

Direxion Auspice Broad Commodity Strategy ETF Company Profile

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.