iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) Sees Significant Increase in Short Interest

iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) saw a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 480,921 shares, a growth of 1,715.1% from the December 15th total of 26,496 shares. Approximately 1.9% of the company’s shares are sold short. Based on an average trading volume of 257,342 shares, the short-interest ratio is currently 1.9 days. Based on an average trading volume of 257,342 shares, the short-interest ratio is currently 1.9 days. Approximately 1.9% of the company’s shares are sold short.

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

Large investors have recently bought and sold shares of the stock. Security Financial Services INC. increased its holdings in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 6.9% during the 3rd quarter. Security Financial Services INC. now owns 8,313 shares of the company’s stock worth $223,000 after buying an additional 536 shares during the last quarter. Prosperity Planning Inc. grew its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 2.6% during the third quarter. Prosperity Planning Inc. now owns 22,662 shares of the company’s stock valued at $608,000 after acquiring an additional 577 shares during the period. Assetmark Inc. increased its stake in iShares GSCI Commodity Dynamic Roll Strategy ETF by 3.8% during the third quarter. Assetmark Inc. now owns 19,670 shares of the company’s stock worth $528,000 after acquiring an additional 726 shares during the last quarter. EWG Elevate Inc. raised its holdings in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 4.2% in the 3rd quarter. EWG Elevate Inc. now owns 21,695 shares of the company’s stock worth $583,000 after purchasing an additional 877 shares during the period. Finally, Arkansas Financial Group Inc. raised its holdings in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 1.6% in the 2nd quarter. Arkansas Financial Group Inc. now owns 71,318 shares of the company’s stock worth $1,881,000 after purchasing an additional 1,147 shares during the period. Hedge funds and other institutional investors own 1.80% of the company’s stock.

iShares GSCI Commodity Dynamic Roll Strategy ETF Stock Up 1.1%

Shares of COMT stock traded up $0.29 during mid-day trading on Monday, hitting $25.69. 364,850 shares of the company’s stock were exchanged, compared to its average volume of 233,821. The stock has a market cap of $652.53 million, a price-to-earnings ratio of -12.41 and a beta of 0.23. iShares GSCI Commodity Dynamic Roll Strategy ETF has a fifty-two week low of $23.11 and a fifty-two week high of $27.62. The stock has a 50-day simple moving average of $26.10 and a two-hundred day simple moving average of $26.36.

iShares GSCI Commodity Dynamic Roll Strategy ETF Dividend Announcement

The business also recently announced an annual dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were given a $1.9271 dividend. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a dividend yield of 795.0%. iShares GSCI Commodity Dynamic Roll Strategy ETF’s dividend payout ratio (DPR) is currently -59.90%.

iShares GSCI Commodity Dynamic Roll Strategy ETF Company Profile

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.