iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG) Sees Large Decrease in Short Interest

iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG) saw a large decrease in short interest during the month of March. As of March 13th, there was short interest totaling 337,592 shares, a decrease of 86.9% from the February 26th total of 2,584,579 shares. Currently, 0.8% of the company’s shares are short sold. Based on an average trading volume of 2,523,350 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 2,523,350 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.8% of the company’s shares are short sold.

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

Hedge funds have recently bought and sold shares of the company. Amundi increased its position in shares of iShares S&P GSCI Commodity-Indexed Trust by 41.5% in the 1st quarter. Amundi now owns 7,500 shares of the company’s stock valued at $165,000 after buying an additional 2,200 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in iShares S&P GSCI Commodity-Indexed Trust by 41.6% during the first quarter. Goldman Sachs Group Inc. now owns 270,598 shares of the company’s stock worth $6,162,000 after acquiring an additional 79,531 shares in the last quarter. Jane Street Group LLC bought a new position in iShares S&P GSCI Commodity-Indexed Trust during the first quarter worth about $5,902,000. Southeast Asset Advisors LLC grew its stake in iShares S&P GSCI Commodity-Indexed Trust by 31.7% in the second quarter. Southeast Asset Advisors LLC now owns 18,514 shares of the company’s stock valued at $408,000 after acquiring an additional 4,451 shares during the period. Finally, Quadrature Capital Ltd grew its stake in iShares S&P GSCI Commodity-Indexed Trust by 422.0% in the second quarter. Quadrature Capital Ltd now owns 360,943 shares of the company’s stock valued at $7,961,000 after acquiring an additional 291,803 shares during the period. 60.67% of the stock is currently owned by institutional investors and hedge funds.

iShares S&P GSCI Commodity-Indexed Trust Trading Up 2.1%

Shares of NYSEARCA:GSG traded up $0.63 during mid-day trading on Tuesday, reaching $30.64. The stock had a trading volume of 1,508,502 shares, compared to its average volume of 1,218,177. The firm has a 50 day simple moving average of $26.61 and a two-hundred day simple moving average of $24.31. iShares S&P GSCI Commodity-Indexed Trust has a twelve month low of $19.86 and a twelve month high of $31.95. The firm has a market cap of $1.32 billion, a PE ratio of 4.78 and a beta of 0.25.

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.