iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) Sees Large Decline in Short Interest

iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) was the target of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 17,624 shares, a decrease of 59.8% from the September 30th total of 43,827 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 151,391 shares, the short-interest ratio is currently 0.1 days.

iShares Bloomberg Roll Select Commodity Strategy ETF Stock Up 0.2%

CMDY stock opened at $63.76 on Thursday. iShares Bloomberg Roll Select Commodity Strategy ETF has a fifty-two week low of $47.63 and a fifty-two week high of $66.16. The firm’s 50-day simple moving average is $64.08 and its 200 day simple moving average is $59.23.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of CMDY. Fifth Third Securities Inc. bought a new position in iShares Bloomberg Roll Select Commodity Strategy ETF in the 3rd quarter worth approximately $569,000. Vontobel Holding Ltd. bought a new stake in iShares Bloomberg Roll Select Commodity Strategy ETF during the 3rd quarter valued at $13,344,000. TD Waterhouse Canada Inc. raised its stake in iShares Bloomberg Roll Select Commodity Strategy ETF by 14.8% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 1,646,477 shares of the company’s stock valued at $98,248,000 after acquiring an additional 212,842 shares in the last quarter. Horizons Wealth Management bought a new stake in iShares Bloomberg Roll Select Commodity Strategy ETF during the 3rd quarter valued at $5,722,000. Finally, Noble Wealth Partners LLC bought a new stake in iShares Bloomberg Roll Select Commodity Strategy ETF during the 2nd quarter valued at $286,000.

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.