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

Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM) was the target of a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 4,446 shares, a drop of 84.5% from the September 30th total of 28,592 shares. Based on an average daily volume of 39,119 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are sold short.

Direxion Auspice Broad Commodity Strategy ETF Trading Down 0.2%

Shares of COM stock opened at $34.34 on Tuesday. The stock has a 50 day simple moving average of $35.13 and a 200 day simple moving average of $33.54. Direxion Auspice Broad Commodity Strategy ETF has a 1 year low of $28.98 and a 1 year high of $35.93.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of COM. Ballast Rock Private Wealth LLC purchased a new stake in Direxion Auspice Broad Commodity Strategy ETF in the third quarter worth $204,000. Viewpoint Investment Partners Corp bought a new stake in shares of Direxion Auspice Broad Commodity Strategy ETF in the third quarter worth about $210,000. IRON Financial LLC purchased a new stake in shares of Direxion Auspice Broad Commodity Strategy ETF in the third quarter valued at $246,000. NTV Asset Management LLC bought a new stake in shares of Direxion Auspice Broad Commodity Strategy ETF during the third quarter valued at approximately $228,000. Finally, SBI Securities Co. Ltd. raised its stake in Direxion Auspice Broad Commodity Strategy ETF by 121.8% in the third quarter. SBI Securities Co. Ltd. now owns 7,412 shares of the company’s stock worth $258,000 after buying an additional 4,071 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.