iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) Short Interest Down 28.1% in January

iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) saw a large decrease in short interest during the month of January. As of January 30th, there was short interest totaling 46,247 shares, a decrease of 28.1% from the January 15th total of 64,350 shares. Based on an average trading volume of 89,827 shares, the short-interest ratio is presently 0.5 days. Currently, 0.7% of the company’s stock are sold short. Currently, 0.7% of the company’s stock are sold short. Based on an average trading volume of 89,827 shares, the short-interest ratio is presently 0.5 days.

iShares Bloomberg Roll Select Commodity Strategy ETF Trading Up 0.2%

Shares of iShares Bloomberg Roll Select Commodity Strategy ETF stock opened at $52.39 on Friday. The business’s fifty day simple moving average is $51.49 and its 200 day simple moving average is $52.20. iShares Bloomberg Roll Select Commodity Strategy ETF has a 12 month low of $46.92 and a 12 month high of $57.17.

Hedge Funds Weigh In On iShares Bloomberg Roll Select Commodity Strategy ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. CWM LLC increased its holdings in iShares Bloomberg Roll Select Commodity Strategy ETF by 682.3% during the third quarter. CWM LLC now owns 485 shares of the company’s stock worth $26,000 after buying an additional 423 shares during the last quarter. Kestra Advisory Services LLC purchased a new stake in shares of iShares Bloomberg Roll Select Commodity Strategy ETF during the 4th quarter worth approximately $26,000. Eagle Bay Advisors LLC purchased a new stake in shares of iShares Bloomberg Roll Select Commodity Strategy ETF during the 4th quarter worth approximately $49,000. Advisory Services Network LLC bought a new stake in shares of iShares Bloomberg Roll Select Commodity Strategy ETF in the 3rd quarter worth approximately $157,000. Finally, Manning & Napier Advisors LLC purchased a new position in iShares Bloomberg Roll Select Commodity Strategy ETF in the fourth quarter valued at approximately $162,000.

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.