Short Interest in iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSG) Declines By 56.8%

iShares S&P GSCI Commodity-Indexed Trust (NYSEARCA:GSGGet Free Report) was the target of a large decrease in short interest in January. As of January 30th, there was short interest totaling 159,572 shares, a decrease of 56.8% from the January 15th total of 369,129 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average trading volume of 980,658 shares, the days-to-cover ratio is currently 0.2 days. Based on an average trading volume of 980,658 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.4% of the company’s shares are short sold.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of GSG. First National Trust Co lifted its stake in iShares S&P GSCI Commodity-Indexed Trust by 3.2% in the 2nd quarter. First National Trust Co now owns 15,476 shares of the company’s stock worth $341,000 after acquiring an additional 476 shares in the last quarter. Sunbelt Securities Inc. increased its holdings in shares of iShares S&P GSCI Commodity-Indexed Trust by 23.0% in the 3rd quarter. Sunbelt Securities Inc. now owns 2,868 shares of the company’s stock valued at $66,000 after purchasing an additional 537 shares during the period. Sound Income Strategies LLC lifted its position in shares of iShares S&P GSCI Commodity-Indexed Trust by 17.9% in the fourth quarter. Sound Income Strategies LLC now owns 4,049 shares of the company’s stock worth $96,000 after purchasing an additional 616 shares in the last quarter. Corient Private Wealth LLC lifted its position in shares of iShares S&P GSCI Commodity-Indexed Trust by 7.4% in the second quarter. Corient Private Wealth LLC now owns 14,634 shares of the company’s stock worth $323,000 after purchasing an additional 1,013 shares in the last quarter. Finally, Wealth Advisory Solutions LLC boosted its holdings in shares of iShares S&P GSCI Commodity-Indexed Trust by 4.5% during the fourth quarter. Wealth Advisory Solutions LLC now owns 31,348 shares of the company’s stock worth $723,000 after purchasing an additional 1,336 shares during the period. Hedge funds and other institutional investors own 60.67% of the company’s stock.

iShares S&P GSCI Commodity-Indexed Trust Price Performance

iShares S&P GSCI Commodity-Indexed Trust stock traded up $0.03 during midday trading on Friday, reaching $24.72. The stock had a trading volume of 210,281 shares, compared to its average volume of 944,786. iShares S&P GSCI Commodity-Indexed Trust has a twelve month low of $19.86 and a twelve month high of $26.33. The firm has a market cap of $1.06 billion, a price-to-earnings ratio of 4.78 and a beta of 0.25. The firm’s fifty day simple moving average is $23.91 and its two-hundred day simple moving average is $23.22.

iShares S&P GSCI Commodity-Indexed Trust Company Profile

(Get Free Report)

iShares S&P GSCI Commodity-Indexed Trust (The Trust) is an investment trust that issues units of beneficial interest (shares) representing fractional undivided beneficial interests in its net assets. The Trust’s objective is to track the results of a fully collateralized investment in futures contracts on an index composed of a diversified group of commodities futures and to track the investment returns of the index before payment of the Trust’s expenses and liabilities. The Trust is a commodity pool.

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