iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG) Short Interest Up 1,397.7% in February

iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG) was the target of a significant increase in short interest in February. As of February 13th, there was short interest totaling 2,389,986 shares, an increase of 1,397.7% from the January 29th total of 159,572 shares. Based on an average daily trading volume, of 1,343,914 shares, the days-to-cover ratio is presently 1.8 days. Currently, 5.6% of the company’s stock are sold short. Currently, 5.6% of the company’s stock are sold short. Based on an average daily trading volume, of 1,343,914 shares, the days-to-cover ratio is presently 1.8 days.

Institutional Investors Weigh In On iShares S&P GSCI Commodity-Indexed Trust

A number of large investors have recently added to or reduced their stakes in GSG. Sumitomo Life Insurance Co. acquired a new position in iShares S&P GSCI Commodity-Indexed Trust in the 4th quarter worth $40,283,000. Strategic Investment Management LLC grew its stake in shares of iShares S&P GSCI Commodity-Indexed Trust by 8.5% during the third quarter. Strategic Investment Management LLC now owns 947,572 shares of the company’s stock valued at $21,766,000 after acquiring an additional 73,852 shares in the last quarter. Quent Long Short Global Small Cap Fund LP purchased a new stake in shares of iShares S&P GSCI Commodity-Indexed Trust during the fourth quarter worth about $19,222,000. Bank of America Corp DE lifted its stake in shares of iShares S&P GSCI Commodity-Indexed Trust by 71.0% in the third quarter. Bank of America Corp DE now owns 780,032 shares of the company’s stock worth $17,917,000 after acquiring an additional 323,907 shares in the last quarter. Finally, Quent Capital LLC lifted its stake in shares of iShares S&P GSCI Commodity-Indexed Trust by 9.9% in the third quarter. Quent Capital LLC now owns 743,262 shares of the company’s stock worth $17,073,000 after acquiring an additional 66,815 shares in the last quarter. 60.67% of the stock is owned by institutional investors and hedge funds.

iShares S&P GSCI Commodity-Indexed Trust Price Performance

iShares S&P GSCI Commodity-Indexed Trust stock traded up $0.02 during midday trading on Wednesday, hitting $25.63. 204,731 shares of the company were exchanged, compared to its average volume of 866,979. The company has a market cap of $1.10 billion, a PE ratio of 4.78 and a beta of 0.25. iShares S&P GSCI Commodity-Indexed Trust has a fifty-two week low of $19.86 and a fifty-two week high of $26.33. The company’s fifty day moving average price is $24.22 and its 200-day moving average price is $23.36.

iShares S&P GSCI Commodity-Indexed Trust Company Profile

iShares S&P GSCI Commodity-Indexed Trust (The Trust) is an investment trust that issues units of beneficial interest (shares) representing fractional undivided beneficial interests in its net assets. The Trust’s objective is to track the results of a fully collateralized investment in futures contracts on an index composed of a diversified group of commodities futures and to track the investment returns of the index before payment of the Trust’s expenses and liabilities. The Trust is a commodity pool.