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 recipient of a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 23,837 shares, a drop of 64.9% from the August 15th total of 67,914 shares. Based on an average daily trading volume, of 58,476 shares, the short-interest ratio is currently 0.4 days. Approximately 0.3% of the shares of the company are sold short.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Heck Capital Advisors LLC acquired a new stake in iShares Bloomberg Roll Select Commodity Strategy ETF in the second quarter valued at $22,486,000. TD Waterhouse Canada Inc. increased its holdings in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 27.2% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 1,433,635 shares of the company’s stock valued at $78,851,000 after purchasing an additional 306,155 shares in the last quarter. Disciplina Capital Management LLC increased its holdings in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 21.6% in the 4th quarter. Disciplina Capital Management LLC now owns 194,906 shares of the company’s stock valued at $9,502,000 after purchasing an additional 34,556 shares in the last quarter. Fiducient Advisors LLC acquired a new stake in shares of iShares Bloomberg Roll Select Commodity Strategy ETF in the fourth quarter valued at about $1,570,000. Finally, Principal Securities Inc. lifted its stake in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 6.9% in the fourth quarter. Principal Securities Inc. now owns 287,546 shares of the company’s stock valued at $14,018,000 after purchasing an additional 18,640 shares during the period.

iShares Bloomberg Roll Select Commodity Strategy ETF Price Performance

Shares of CMDY opened at $65.21 on Tuesday. iShares Bloomberg Roll Select Commodity Strategy ETF has a 1 year low of $47.63 and a 1 year high of $66.16. The company’s fifty day moving average is $60.77 and its two-hundred day moving average is $59.56.

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.