iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) Short Interest Up 173.7% in March
by Renee Jackson · The Cerbat GemiShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY – Get Free Report) saw a large growth in short interest in the month of March. As of March 31st, there was short interest totaling 75,315 shares, a growth of 173.7% from the March 15th total of 27,520 shares. Based on an average daily volume of 62,999 shares, the short-interest ratio is currently 1.2 days. Approximately 0.9% of the shares of the company are sold short.
Institutional Investors Weigh In On iShares Bloomberg Roll Select Commodity Strategy ETF
Institutional investors have recently modified their holdings of the company. Envestnet Asset Management Inc. boosted its stake in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 16.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 405,624 shares of the company’s stock worth $21,336,000 after acquiring an additional 55,861 shares in the last quarter. SteelPeak Wealth LLC purchased a new stake in shares of iShares Bloomberg Roll Select Commodity Strategy ETF during the 4th quarter worth approximately $683,000. TD Waterhouse Canada Inc. boosted its stake in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 8.1% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 289,540 shares of the company’s stock worth $15,313,000 after acquiring an additional 21,797 shares in the last quarter. Brighton Jones LLC purchased a new stake in shares of iShares Bloomberg Roll Select Commodity Strategy ETF during the 4th quarter worth approximately $340,000. Finally, Horizons Wealth Management boosted its stake in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 30.4% during the 4th quarter. Horizons Wealth Management now owns 93,309 shares of the company’s stock worth $4,549,000 after acquiring an additional 21,727 shares in the last quarter.
iShares Bloomberg Roll Select Commodity Strategy ETF Stock Performance
NYSEARCA CMDY traded down $0.34 on Friday, hitting $58.35. 69,157 shares of the company’s stock were exchanged, compared to its average volume of 79,885. The firm’s 50-day moving average price is $56.22 and its two-hundred day moving average price is $53.93. iShares Bloomberg Roll Select Commodity Strategy ETF has a fifty-two week low of $47.63 and a fifty-two week high of $61.02.
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.