Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM) Sees Large Decline in Short Interest

Direxion Auspice Broad Commodity Strategy ETF (NYSEARCA:COM) saw a significant drop in short interest in January. As of January 15th, there was short interest totaling 892 shares, a drop of 94.0% from the December 31st total of 14,890 shares. Based on an average daily trading volume, of 64,835 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are short sold. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 64,835 shares, the short-interest ratio is presently 0.0 days.

Institutional Trading of Direxion Auspice Broad Commodity Strategy ETF

A number of hedge funds have recently modified their holdings of COM. Stratos Investment Management LLC boosted its holdings in Direxion Auspice Broad Commodity Strategy ETF by 92.6% during the third quarter. Stratos Investment Management LLC now owns 431,456 shares of the company’s stock valued at $12,397,000 after purchasing an additional 207,425 shares in the last quarter. HighTower Advisors LLC grew its position in Direxion Auspice Broad Commodity Strategy ETF by 3.7% in the third quarter. HighTower Advisors LLC now owns 387,032 shares of the company’s stock valued at $11,120,000 after acquiring an additional 13,897 shares during the period. Pasadena Private Wealth LLC raised its stake in Direxion Auspice Broad Commodity Strategy ETF by 27.6% during the third quarter. Pasadena Private Wealth LLC now owns 256,830 shares of the company’s stock worth $7,379,000 after acquiring an additional 55,598 shares in the last quarter. Wealthcare Advisory Partners LLC grew its holdings in shares of Direxion Auspice Broad Commodity Strategy ETF by 1.0% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 176,048 shares of the company’s stock worth $5,207,000 after purchasing an additional 1,777 shares during the last quarter. Finally, Ifrah Financial Services Inc. increased its position in shares of Direxion Auspice Broad Commodity Strategy ETF by 1.2% during the 4th quarter. Ifrah Financial Services Inc. now owns 121,101 shares of the company’s stock worth $3,582,000 after purchasing an additional 1,427 shares in the last quarter.

Direxion Auspice Broad Commodity Strategy ETF Stock Up 0.8%

Direxion Auspice Broad Commodity Strategy ETF stock traded up $0.24 during trading hours on Wednesday, reaching $31.82. 48,738 shares of the company were exchanged, compared to its average volume of 47,735. The stock has a 50-day moving average of $30.04 and a 200 day moving average of $29.04. Direxion Auspice Broad Commodity Strategy ETF has a 12 month low of $27.46 and a 12 month high of $31.82.

Direxion Auspice Broad Commodity Strategy ETF Company Profile

The Direxion Auspice Broad Commodity Strategy ETF (COM) is an exchange-traded fund that is based on the Auspice Broad Commodity index. The fund tracks a broad-market index consisting of 12 commodity futures contracts, weighted by historical volatility, which can toggle to cash based on momentum. The fund will also hold short-term fixed income securities as collateral. COM was launched on Mar 30, 2017 and is managed by Direxion.