SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF (NYSEARCA:CERY) Sees Significant Decline in Short Interest

SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF (NYSEARCA:CERY) was the target of a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 29,323 shares, a drop of 45.2% from the June 30th total of 53,525 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 448,769 shares, the days-to-cover ratio is currently 0.1 days.

SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF Stock Performance

Shares of CERY stock traded down $0.08 during mid-day trading on Friday, reaching $35.96. 79,590 shares of the company’s stock traded hands, compared to its average volume of 198,508. The company’s 50-day moving average price is $35.26 and its 200-day moving average price is $34.43. SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF has a 12 month low of $26.61 and a 12 month high of $38.59.

Institutional Investors Weigh In On SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF

Several hedge funds have recently bought and sold shares of CERY. Oarsman Capital Inc. increased its stake in shares of SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF by 37.9% during the fourth quarter. Oarsman Capital Inc. now owns 24,488 shares of the company’s stock valued at $699,000 after purchasing an additional 6,728 shares in the last quarter. Flow Traders U.S. LLC bought a new stake in shares of SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF in the 3rd quarter worth approximately $324,000. Strategic Investment Advisors MI bought a new stake in shares of SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF in the 1st quarter worth approximately $247,000. USAdvisors Wealth Management LLC purchased a new stake in shares of SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF in the 1st quarter worth approximately $203,000. Finally, Triumph Capital Management purchased a new stake in shares of SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF in the 3rd quarter worth approximately $122,000.

SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF Company Profile

The SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF (CERY) is an exchange-traded fund that is based on the Bloomberg Enhanced Roll Yield index. The fund tracks a liquid, broad commodity index, providing diversified exposure across five commodity sectors. The index utilizes an enhanced roll methodology designed to mitigate the impact of negative carry. CERY was launched on Sep 4, 2024 and is issued by State Street.