iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) Shares Shorted: Short Interest Down 74.0% in September

iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) was the target of a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 43,827 shares, a decline of 74.0% from the September 15th total of 168,244 shares. Based on an average trading volume of 114,299 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.4% of the company’s shares are sold short.

iShares Bloomberg Roll Select Commodity Strategy ETF Trading Up 0.2%

iShares Bloomberg Roll Select Commodity Strategy ETF stock traded up $0.14 during midday trading on Tuesday, reaching $64.78. The stock had a trading volume of 284,241 shares, compared to its average volume of 85,402. iShares Bloomberg Roll Select Commodity Strategy ETF has a twelve month low of $47.63 and a twelve month high of $66.16. The firm’s fifty day simple moving average is $63.14 and its two-hundred day simple moving average is $60.57.

Institutional Investors Weigh In On iShares Bloomberg Roll Select Commodity Strategy ETF

Several hedge funds have recently bought and sold shares of the business. Silver Oak Securities Incorporated increased its holdings in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 0.9% in the 1st quarter. Silver Oak Securities Incorporated now owns 22,180 shares of the company’s stock valued at $1,318,000 after purchasing an additional 206 shares during the period. Pullen Investment Management LLC boosted its holdings in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 2.7% during the first quarter. Pullen Investment Management LLC now owns 9,114 shares of the company’s stock worth $542,000 after purchasing an additional 237 shares during the period. Valmark Advisers Inc. grew its position in iShares Bloomberg Roll Select Commodity Strategy ETF by 5.8% during the first quarter. Valmark Advisers Inc. now owns 6,605 shares of the company’s stock valued at $392,000 after purchasing an additional 360 shares in the last quarter. Seaside Wealth Management Inc. grew its position in iShares Bloomberg Roll Select Commodity Strategy ETF by 12.5% during the fourth quarter. Seaside Wealth Management Inc. now owns 4,813 shares of the company’s stock valued at $235,000 after purchasing an additional 535 shares in the last quarter. Finally, Cetera Investment Advisers increased its stake in iShares Bloomberg Roll Select Commodity Strategy ETF by 2.9% in the 1st quarter. Cetera Investment Advisers now owns 20,127 shares of the company’s stock valued at $1,196,000 after buying an additional 564 shares during the period.

iShares Bloomberg Roll Select Commodity Strategy ETF Company Profile

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.