SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF (NYSEARCA:CERY) Sees Significant Decline in Short Interest

by · The Cerbat Gem

SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF (NYSEARCA:CERY – Get Free Report) was the target of a large decline in short interest in December. As of December 31st, there was short interest totaling 75,516 shares, a decline of 23.5% from the December 15th total of 98,736 shares. Based on an average daily volume of 77,758 shares, the days-to-cover ratio is currently 1.0 days. Approximately 0.4% of the shares of the company are sold short. Approximately 0.4% of the shares of the company are sold short. Based on an average daily volume of 77,758 shares, the days-to-cover ratio is currently 1.0 days.

SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF Stock Down 0.4%

Shares of CERY traded down $0.11 during mid-day trading on Friday, hitting $30.02. 29,162 shares of the company’s stock were exchanged, compared to its average volume of 89,669. SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF has a 52 week low of $24.01 and a 52 week high of $31.50. The stock’s 50-day simple moving average is $29.61 and its 200-day simple moving average is $28.70.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Farther Finance Advisors LLC raised its position in shares of SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF by 314.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,705 shares of the company’s stock valued at $77,000 after buying an additional 2,053 shares in the last quarter. Triumph Capital Management acquired a new position in SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF during the third quarter valued at approximately $122,000. Creative Financial Designs Inc. ADV lifted its stake in SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF by 64.8% during the second quarter. Creative Financial Designs Inc. ADV now owns 5,219 shares of the company’s stock worth $142,000 after purchasing an additional 2,052 shares during the last quarter. Waterloo Capital L.P. acquired a new stake in shares of SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF in the 2nd quarter valued at $212,000. Finally, Flow Traders U.S. LLC acquired a new position in shares of SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF during the 3rd quarter worth $324,000.

SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF Company Profile

(Get Free Report)

The SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF (CERY) is an exchange-traded fund that is based on the Bloomberg Enhanced Roll Yield index. The fund tracks a liquid, broad commodity index, providing diversified exposure across five commodity sectors. The index utilizes an enhanced roll methodology designed to mitigate the impact of negative carry. CERY was launched on Sep 4, 2024 and is issued by State Street.

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