iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) Short Interest Up 51.7% in December

iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) was the target of a large growth in short interest in December. As of December 31st, there was short interest totalling 236,100 shares, a growth of 51.7% from the December 15th total of 155,600 shares. Based on an average trading volume of 291,400 shares, the short-interest ratio is currently 0.8 days.

iShares GSCI Commodity Dynamic Roll Strategy ETF Stock Down 0.3 %

COMT traded down $0.07 on Friday, reaching $26.68. The company’s stock had a trading volume of 77,452 shares, compared to its average volume of 152,305. The company has a market capitalization of $720.36 million, a price-to-earnings ratio of -12.89 and a beta of 0.53. iShares GSCI Commodity Dynamic Roll Strategy ETF has a fifty-two week low of $24.44 and a fifty-two week high of $28.22. The stock has a 50 day moving average of $25.78 and a two-hundred day moving average of $26.12.

iShares GSCI Commodity Dynamic Roll Strategy ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were paid a $1.2401 dividend. The ex-dividend date was Tuesday, December 17th. iShares GSCI Commodity Dynamic Roll Strategy ETF’s dividend payout ratio is currently -59.90%.

Hedge Funds Weigh In On iShares GSCI Commodity Dynamic Roll Strategy ETF

Institutional investors have recently modified their holdings of the business. Creative Planning boosted its stake in iShares GSCI Commodity Dynamic Roll Strategy ETF by 22.8% during the 3rd quarter. Creative Planning now owns 12,675 shares of the company’s stock worth $328,000 after purchasing an additional 2,350 shares during the period. Cerity Partners LLC raised its holdings in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 1.2% in the third quarter. Cerity Partners LLC now owns 62,807 shares of the company’s stock valued at $1,627,000 after buying an additional 742 shares during the last quarter. International Assets Investment Management LLC boosted its stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 2,285.4% during the third quarter. International Assets Investment Management LLC now owns 47,493 shares of the company’s stock worth $1,231,000 after buying an additional 45,502 shares during the period. Mercer Global Advisors Inc. ADV grew its holdings in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 29.8% during the second quarter. Mercer Global Advisors Inc. ADV now owns 10,891 shares of the company’s stock worth $297,000 after buying an additional 2,500 shares during the last quarter. Finally, NewEdge Advisors LLC increased its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 41,857.1% in the 2nd quarter. NewEdge Advisors LLC now owns 202,653 shares of the company’s stock valued at $5,534,000 after acquiring an additional 202,170 shares during the period. 1.80% of the stock is owned by institutional investors and hedge funds.

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.