Short Interest in iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) Declines By 83.0%

iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) saw a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 9,302 shares, a decrease of 83.0% from the June 15th total of 54,635 shares. Based on an average daily volume of 75,005 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Investors Weigh In On iShares Bloomberg Roll Select Commodity Strategy ETF

Institutional investors have recently made changes to their positions in the company. Kestra Advisory Services LLC purchased a new position in iShares Bloomberg Roll Select Commodity Strategy ETF in the 4th quarter worth approximately $26,000. Eagle Bay Advisors LLC purchased a new stake in iShares Bloomberg Roll Select Commodity Strategy ETF during the 4th quarter valued at $49,000. Advisory Services Network LLC purchased a new stake in iShares Bloomberg Roll Select Commodity Strategy ETF during the 3rd quarter valued at $157,000. Manning & Napier Advisors LLC bought a new stake in shares of iShares Bloomberg Roll Select Commodity Strategy ETF in the 4th quarter worth $162,000. Finally, Advisors Preferred LLC bought a new stake in shares of iShares Bloomberg Roll Select Commodity Strategy ETF in the 1st quarter worth $163,000.

iShares Bloomberg Roll Select Commodity Strategy ETF Stock Down 0.1%

NYSEARCA:CMDY traded down $0.04 on Friday, reaching $56.93. 31,543 shares of the stock traded hands, compared to its average volume of 77,752. iShares Bloomberg Roll Select Commodity Strategy ETF has a 12 month low of $47.63 and a 12 month high of $63.76. The company’s fifty day simple moving average is $59.10 and its 200 day simple moving average is $56.49.

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.