iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG) Short Interest Up 1,397.7% in February

iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG) saw a large increase in short interest during the month of February. As of February 13th, there was short interest totaling 2,389,986 shares, an increase of 1,397.7% from the January 29th total of 159,572 shares. Approximately 5.6% of the company’s stock are short sold. Based on an average daily trading volume, of 1,343,914 shares, the days-to-cover ratio is currently 1.8 days. Based on an average daily trading volume, of 1,343,914 shares, the days-to-cover ratio is currently 1.8 days. Approximately 5.6% of the company’s stock are short sold.

iShares S&P GSCI Commodity-Indexed Trust Price Performance

Shares of NYSEARCA:GSG traded up $0.02 during midday trading on Wednesday, reaching $25.63. The company had a trading volume of 204,731 shares, compared to its average volume of 866,979. The stock’s fifty day moving average price is $24.22 and its 200-day moving average price is $23.36. The stock has a market capitalization of $1.10 billion, a P/E ratio of 4.78 and a beta of 0.25. iShares S&P GSCI Commodity-Indexed Trust has a one year low of $19.86 and a one year high of $26.33.

Institutional Investors Weigh In On iShares S&P GSCI Commodity-Indexed Trust

Hedge funds and other institutional investors have recently modified their holdings of the stock. Virtu Financial LLC bought a new position in shares of iShares S&P GSCI Commodity-Indexed Trust during the fourth quarter worth about $573,000. Corient Private Wealth LLC raised its stake in iShares S&P GSCI Commodity-Indexed Trust by 1.7% during the fourth quarter. Corient Private Wealth LLC now owns 80,096 shares of the company’s stock valued at $1,847,000 after buying an additional 1,362 shares in the last quarter. Mackenzie Financial Corp lifted its holdings in iShares S&P GSCI Commodity-Indexed Trust by 57.9% during the 4th quarter. Mackenzie Financial Corp now owns 19,397 shares of the company’s stock worth $451,000 after buying an additional 7,114 shares during the last quarter. Marino Management LLC bought a new position in iShares S&P GSCI Commodity-Indexed Trust during the 4th quarter worth approximately $1,214,000. Finally, Kestra Advisory Services LLC acquired a new position in shares of iShares S&P GSCI Commodity-Indexed Trust in the 4th quarter worth approximately $155,000. Institutional investors own 60.67% of the company’s stock.

About iShares S&P GSCI Commodity-Indexed Trust

iShares S&P GSCI Commodity-Indexed Trust (The Trust) is an investment trust that issues units of beneficial interest (shares) representing fractional undivided beneficial interests in its net assets. The Trust’s objective is to track the results of a fully collateralized investment in futures contracts on an index composed of a diversified group of commodities futures and to track the investment returns of the index before payment of the Trust’s expenses and liabilities. The Trust is a commodity pool.