VanEck CMCI Commodity Strategy ETF (OTCMKTS:CMCI) Shares Down 0.4% – Should You Sell?

by · The Cerbat Gem

VanEck CMCI Commodity Strategy ETF (OTCMKTS:CMCI – Get Free Report) was down 0.4% on Monday . The company traded as low as $25.89 and last traded at $25.89. Approximately 217 shares were traded during trading, a decline of 54% from the average daily volume of 469 shares. The stock had previously closed at $26.00.

VanEck CMCI Commodity Strategy ETF Stock Performance

The stock has a 50 day simple moving average of $25.87 and a 200 day simple moving average of $25.51.

Hedge Funds Weigh In On VanEck CMCI Commodity Strategy ETF

A hedge fund recently raised its stake in VanEck CMCI Commodity Strategy ETF stock. Jane Street Group LLC grew its position in shares of VanEck CMCI Commodity Strategy ETF (OTCMKTS:CMCI – Free Report) by 5.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,670 shares of the company’s stock after acquiring an additional 461 shares during the quarter. Jane Street Group LLC owned about 9.67% of VanEck CMCI Commodity Strategy ETF worth $241,000 as of its most recent filing with the Securities & Exchange Commission.

About VanEck CMCI Commodity Strategy ETF

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China Modern Agricultural Information, Inc engages in the production and distribution of fresh milk. It operates through the following businesses: Fresh Milk Sales, Processing and Sales of Green Organic Fertilizer, and Assisting Local Farmers with their Fresh Milk Sales. The company was founded on December 22, 2008 and is headquartered in Harbin, China.

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