Short Interest in iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) Rises By 125.2%

iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) was the target of a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 63,898 shares, a growth of 125.2% from the November 30th total of 28,373 shares. Based on an average daily trading volume, of 20,644 shares, the short-interest ratio is presently 3.1 days. Currently, 1.2% of the shares of the company are sold short. Currently, 1.2% of the shares of the company are sold short. Based on an average daily trading volume, of 20,644 shares, the short-interest ratio is presently 3.1 days.

iShares Bloomberg Roll Select Commodity Strategy ETF Price Performance

NYSEARCA CMDY opened at $50.06 on Friday. The stock’s fifty day moving average price is $53.39 and its 200 day moving average price is $52.15. iShares Bloomberg Roll Select Commodity Strategy ETF has a 1 year low of $46.92 and a 1 year high of $56.24.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Brighton Jones LLC purchased a new stake in iShares Bloomberg Roll Select Commodity Strategy ETF in the fourth quarter valued at approximately $340,000. Silver Oak Securities Incorporated lifted its stake in iShares Bloomberg Roll Select Commodity Strategy ETF by 7.4% during the 2nd quarter. Silver Oak Securities Incorporated now owns 20,461 shares of the company’s stock valued at $1,032,000 after acquiring an additional 1,407 shares during the period. Fifth Third Securities Inc. boosted its holdings in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 8.2% in the 2nd quarter. Fifth Third Securities Inc. now owns 6,027 shares of the company’s stock valued at $304,000 after acquiring an additional 455 shares during the last quarter. Truist Financial Corp increased its stake in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 11.8% in the second quarter. Truist Financial Corp now owns 45,627 shares of the company’s stock worth $2,301,000 after acquiring an additional 4,818 shares during the period. Finally, Valmark Advisers Inc. increased its stake in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 10.4% in the second quarter. Valmark Advisers Inc. now owns 4,784 shares of the company’s stock worth $241,000 after acquiring an additional 450 shares during the period.

About iShares Bloomberg Roll Select Commodity Strategy ETF

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.