iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) Short Interest Down 49.9% in January

iShares Bloomberg Roll Select Commodity Strategy ETF (NYSEARCA:CMDY) saw a significant decline in short interest in the month of January. As of January 15th, there was short interest totaling 64,350 shares, a decline of 49.9% from the December 31st total of 128,458 shares. Based on an average daily volume of 39,523 shares, the short-interest ratio is presently 1.6 days. Currently, 1.0% of the company’s shares are sold short. Currently, 1.0% of the company’s shares are sold short. Based on an average daily volume of 39,523 shares, the short-interest ratio is presently 1.6 days.

Institutional Investors Weigh In On iShares Bloomberg Roll Select Commodity Strategy ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in CMDY. Silver Oak Securities Incorporated lifted its stake in shares of iShares Bloomberg Roll Select Commodity Strategy ETF by 1.3% in the 4th quarter. Silver Oak Securities Incorporated now owns 21,974 shares of the company’s stock valued at $1,088,000 after purchasing an additional 284 shares during the last quarter. Focus Partners Wealth raised its holdings in iShares Bloomberg Roll Select Commodity Strategy ETF by 4.2% in the 3rd quarter. Focus Partners Wealth now owns 7,732 shares of the company’s stock valued at $407,000 after buying an additional 315 shares during the period. CWM LLC lifted its position in iShares Bloomberg Roll Select Commodity Strategy ETF by 682.3% in the third quarter. CWM LLC now owns 485 shares of the company’s stock valued at $26,000 after buying an additional 423 shares during the last quarter. Valmark Advisers Inc. lifted its position in 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 valued at $241,000 after buying an additional 450 shares during the last quarter. Finally, Fifth Third Securities Inc. boosted its stake in iShares Bloomberg Roll Select Commodity Strategy ETF by 8.2% during the second quarter. Fifth Third Securities Inc. now owns 6,027 shares of the company’s stock worth $304,000 after buying an additional 455 shares during the period.

iShares Bloomberg Roll Select Commodity Strategy ETF Price Performance

iShares Bloomberg Roll Select Commodity Strategy ETF stock opened at $54.90 on Thursday. The firm has a 50 day simple moving average of $51.93 and a 200-day simple moving average of $52.09. iShares Bloomberg Roll Select Commodity Strategy ETF has a 1-year low of $46.92 and a 1-year high of $56.24.

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.