iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) Sees Significant Increase in Short Interest

iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) saw a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 480,921 shares, a growth of 1,715.1% from the December 15th total of 26,496 shares. Approximately 1.9% of the company’s stock are short sold. Based on an average daily volume of 257,342 shares, the short-interest ratio is currently 1.9 days. Based on an average daily volume of 257,342 shares, the short-interest ratio is currently 1.9 days. Approximately 1.9% of the company’s stock are short sold.

iShares GSCI Commodity Dynamic Roll Strategy ETF Stock Performance

Shares of COMT stock traded up $0.29 during trading hours on Monday, hitting $25.69. 364,850 shares of the company were exchanged, compared to its average volume of 233,821. The stock has a market capitalization of $652.53 million, a price-to-earnings ratio of -12.41 and a beta of 0.23. iShares GSCI Commodity Dynamic Roll Strategy ETF has a one year low of $23.11 and a one year high of $27.62. The business’s 50-day simple moving average is $26.10 and its two-hundred day simple moving average is $26.36.

iShares GSCI Commodity Dynamic Roll Strategy ETF Announces Dividend

The company also recently announced an annual dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were issued a dividend of $1.9271 per share. This represents a yield of 795.0%. The ex-dividend date of this dividend was Tuesday, December 16th. iShares GSCI Commodity Dynamic Roll Strategy ETF’s dividend payout ratio (DPR) is currently -59.90%.

Institutional Investors Weigh In On iShares GSCI Commodity Dynamic Roll Strategy ETF

A number of institutional investors have recently made changes to their positions in COMT. Ameritas Advisory Services LLC bought a new stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the second quarter valued at about $30,000. Triumph Capital Management acquired a new position in iShares GSCI Commodity Dynamic Roll Strategy ETF during the 3rd quarter valued at about $33,000. Union Bancaire Privee UBP SA bought a new stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the 2nd quarter worth about $40,000. Advisory Services Network LLC acquired a new stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF in the 3rd quarter worth approximately $63,000. Finally, Tcfg Wealth Management LLC bought a new position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF in the second quarter valued at approximately $211,000. 1.80% of the stock is currently owned by institutional investors.

About iShares GSCI Commodity Dynamic Roll Strategy ETF

The iShares GSCI Commodity Dynamic Roll Strategy ETF (COMT) is an exchange-traded fund that is based on the S&P GSCI Dynamic Roll index. The fund tracks a broad-market commodity index that utilizes a flexible dynamic roll strategy. COMT was launched on Oct 16, 2014 and is managed by BlackRock.