Short Interest in iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) Drops By 81.5%

iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) was the recipient of a significant drop in short interest during the month of February. As of February 27th, there was short interest totaling 19,773 shares, a drop of 81.5% from the February 12th total of 107,097 shares. Based on an average daily trading volume, of 77,300 shares, the short-interest ratio is presently 0.3 days. Currently, 0.3% of the company’s shares are sold short. Currently, 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 77,300 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Envestnet Asset Management Inc. raised its stake in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 16.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 405,624 shares of the company’s stock valued at $21,336,000 after purchasing an additional 55,861 shares during the period. Ameriprise Financial Inc. boosted its position in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 8.4% during the third quarter. Ameriprise Financial Inc. now owns 382,671 shares of the company’s stock worth $20,131,000 after buying an additional 29,583 shares during the period. TD Waterhouse Canada Inc. grew its holdings in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 8.8% during the fourth quarter. TD Waterhouse Canada Inc. now owns 315,113 shares of the company’s stock worth $15,337,000 after buying an additional 25,573 shares in the last quarter. Principal Securities Inc. grew its holdings in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 6.9% during the fourth quarter. Principal Securities Inc. now owns 287,546 shares of the company’s stock worth $14,018,000 after buying an additional 18,640 shares in the last quarter. Finally, Disciplina Capital Management LLC raised its position in iShares Bloomberg Roll Select Commodity Strategy ETF by 21.6% in the 4th quarter. Disciplina Capital Management LLC now owns 194,906 shares of the company’s stock valued at $9,502,000 after buying an additional 34,556 shares during the last quarter.

iShares Bloomberg Roll Select Commodity Strategy ETF Price Performance

Shares of iShares Bloomberg Roll Select Commodity Strategy ETF stock traded up $0.62 during trading on Tuesday, hitting $57.66. 195,349 shares of the company were exchanged, compared to its average volume of 84,353. The firm’s fifty day moving average price is $52.72 and its 200 day moving average price is $52.76. iShares Bloomberg Roll Select Commodity Strategy ETF has a 1-year low of $46.92 and a 1-year high of $59.44.

iShares Bloomberg Roll Select Commodity Strategy ETF Company Profile

The iShares Bloomberg Roll Select Broad Commodity ETF (CMDY) is an exchange-traded fund that is based on the Bloomberg Roll Select Commodity index. The fund tracks an index that holds futures contracts on a roll-cost optimized broad market commodity index. CMDY was launched on Apr 3, 2018 and is managed by Blackrock.