iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) Short Interest Update

by · The Cerbat Gem

iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT – Get Free Report) was the recipient of a significant increase in short interest in December. As of December 15th, there was short interest totaling 26,496 shares, an increase of 97.0% from the November 30th total of 13,449 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 409,339 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 409,339 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the company’s stock are sold short.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in COMT. Tradewinds Capital Management LLC increased its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 14,612.1% during the third quarter. Tradewinds Capital Management LLC now owns 1,111,648 shares of the company’s stock worth $29,848,000 after acquiring an additional 1,104,092 shares during the period. TRUE Private Wealth Advisors acquired a new position in iShares GSCI Commodity Dynamic Roll Strategy ETF in the 2nd quarter valued at approximately $16,741,000. Tcfg Wealth Management LLC raised its holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF by 2,367.0% in the 3rd quarter. Tcfg Wealth Management LLC now owns 201,456 shares of the company’s stock valued at $5,409,000 after acquiring an additional 193,290 shares in the last quarter. Quadrature Capital Ltd lifted its position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 200.9% in the 2nd quarter. Quadrature Capital Ltd now owns 234,889 shares of the company’s stock worth $6,072,000 after acquiring an additional 156,836 shares during the period. Finally, Hancock Whitney Corp grew its holdings in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 676.6% during the 1st quarter. Hancock Whitney Corp now owns 134,741 shares of the company’s stock worth $3,567,000 after purchasing an additional 117,391 shares in the last quarter. 1.80% of the stock is owned by institutional investors.

iShares GSCI Commodity Dynamic Roll Strategy ETF Stock Down 0.4%

COMT stock traded down $0.11 during trading hours on Friday, hitting $25.00. The company’s stock had a trading volume of 189,142 shares, compared to its average volume of 203,384. The stock has a 50 day moving average price of $26.47 and a two-hundred day moving average price of $26.48. iShares GSCI Commodity Dynamic Roll Strategy ETF has a 12 month low of $23.11 and a 12 month high of $27.62. The company has a market capitalization of $592.50 million, a PE ratio of -12.08 and a beta of 0.23.

iShares GSCI Commodity Dynamic Roll Strategy ETF Dividend Announcement

The company also recently declared 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 was Tuesday, December 16th. iShares GSCI Commodity Dynamic Roll Strategy ETF’s dividend payout ratio is -59.90%.

About iShares GSCI Commodity Dynamic Roll Strategy ETF

(Get Free Report)

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.

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