GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (NYSEARCA:COMB) Short Interest Up 56.0% in February

GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (NYSEARCA:COMB) was the recipient of a large growth in short interest in the month of February. As of February 27th, there was short interest totaling 41,623 shares, a growth of 56.0% from the February 12th total of 26,688 shares. Currently, 0.7% of the shares of the company are sold short. Based on an average daily volume of 24,595 shares, the days-to-cover ratio is currently 1.7 days. Based on an average daily volume of 24,595 shares, the days-to-cover ratio is currently 1.7 days. Currently, 0.7% of the shares of the company are sold short.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in COMB. Comerica Bank bought a new stake in shares of GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF in the 1st quarter worth approximately $28,000. Osaic Holdings Inc. grew its holdings in GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF by 184.0% during the second quarter. Osaic Holdings Inc. now owns 3,215 shares of the company’s stock valued at $67,000 after purchasing an additional 2,083 shares during the period. IFP Advisors Inc increased its position in GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF by 13.3% in the fourth quarter. IFP Advisors Inc now owns 4,436 shares of the company’s stock worth $94,000 after buying an additional 521 shares during the last quarter. Focus Partners Wealth increased its position in GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF by 24.9% in the third quarter. Focus Partners Wealth now owns 17,601 shares of the company’s stock worth $384,000 after buying an additional 3,510 shares during the last quarter. Finally, Brooklyn Investment Group raised its stake in shares of GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF by 12.3% in the third quarter. Brooklyn Investment Group now owns 25,276 shares of the company’s stock valued at $551,000 after buying an additional 2,770 shares during the period.

GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF Trading Down 0.4%

Shares of GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF stock traded down $0.11 during trading hours on Friday, hitting $26.08. 28,466 shares of the company’s stock traded hands, compared to its average volume of 64,991. GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF has a 12-month low of $19.71 and a 12-month high of $26.25. The company has a fifty day simple moving average of $23.15 and a 200-day simple moving average of $22.53.

GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF Company Profile

The GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (COMB) is an exchange-traded fund that is based on the Bloomberg Commodity index. The fund seeks to outperform a broad commodity market index through active management of the funds collateral. The index include futures contracts on up to 24 different commodities. COMB was launched on May 22, 2017 and is managed by GraniteShares.