iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) Short Interest Update

iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) saw a significant drop in short interest in February. As of February 27th, there was short interest totaling 19,773 shares, a drop of 81.5% from the February 12th total of 107,097 shares. Based on an average daily trading volume, of 77,300 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.3% of the shares of the stock are short sold. Approximately 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 77,300 shares, the days-to-cover ratio is presently 0.3 days.

Hedge Funds Weigh In On iShares Bloomberg Roll Select Commodity Strategy ETF

Institutional investors have recently modified their holdings of the stock. Silver Oak Securities Incorporated grew its stake in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 1.3% during the fourth quarter. Silver Oak Securities Incorporated now owns 21,974 shares of the company’s stock valued at $1,088,000 after purchasing an additional 284 shares during the last quarter. Focus Partners Wealth raised its position in iShares Bloomberg Roll Select Commodity Strategy ETF by 4.2% in the 3rd quarter. Focus Partners Wealth now owns 7,732 shares of the company’s stock worth $407,000 after purchasing an additional 315 shares during the last quarter. CWM LLC raised its position in iShares Bloomberg Roll Select Commodity Strategy ETF by 682.3% in the 3rd quarter. CWM LLC now owns 485 shares of the company’s stock worth $26,000 after purchasing an additional 423 shares during the last quarter. Faithward Advisors LLC lifted its holdings in iShares Bloomberg Roll Select Commodity Strategy ETF by 8.1% during the 4th quarter. Faithward Advisors LLC now owns 5,961 shares of the company’s stock worth $291,000 after buying an additional 447 shares in the last quarter. Finally, Seaside Wealth Management Inc. boosted its position in iShares Bloomberg Roll Select Commodity Strategy ETF by 12.5% in the 4th quarter. Seaside Wealth Management Inc. now owns 4,813 shares of the company’s stock valued at $235,000 after buying an additional 535 shares during the last quarter.

iShares Bloomberg Roll Select Commodity Strategy ETF Stock Performance

Shares of iShares Bloomberg Roll Select Commodity Strategy ETF stock traded up $0.62 during trading on Tuesday, reaching $57.66. The company’s stock had a trading volume of 195,349 shares, compared to its average volume of 84,353. The stock has a 50-day moving average price of $52.72 and a two-hundred day moving average price of $52.76. iShares Bloomberg Roll Select Commodity Strategy ETF has a one year low of $46.92 and a one year high of $59.44.

About iShares Bloomberg Roll Select Commodity Strategy ETF

The iShares Bloomberg Roll Select Broad Commodity ETF (CMDY) is an exchange-traded fund that is based on the Bloomberg Roll Select Commodity index. The fund tracks an index that holds futures contracts on a roll-cost optimized broad market commodity index. CMDY was launched on Apr 3, 2018 and is managed by Blackrock.