VanEck CMCI Commodity Strategy ETF (BATS:CMCI) Short Interest Up 511.2% in May

VanEck CMCI Commodity Strategy ETF (BATS:CMCI) was the recipient of a significant growth in short interest in May. As of May 29th, there was short interest totaling 654 shares, a growth of 511.2% from the May 14th total of 107 shares. Based on an average trading volume of 319 shares, the days-to-cover ratio is presently 2.1 days. Approximately 0.7% of the shares of the company are sold short.

VanEck CMCI Commodity Strategy ETF Stock Down 0.8%

BATS CMCI opened at $28.64 on Wednesday. The firm’s fifty day moving average price is $28.94 and its two-hundred day moving average price is $26.91. VanEck CMCI Commodity Strategy ETF has a 1 year low of $23.94 and a 1 year high of $31.03.

Institutional Trading of VanEck CMCI Commodity Strategy ETF

A hedge fund recently raised its stake in VanEck CMCI Commodity Strategy ETF stock. Jane Street Group LLC boosted its position in shares of VanEck CMCI Commodity Strategy ETF (BATS:CMCI) by 125.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,797 shares of the company’s stock after acquiring an additional 12,128 shares during the quarter. Jane Street Group LLC owned 21.80% of VanEck CMCI Commodity Strategy ETF worth $522,000 at the end of the most recent reporting period.

About VanEck CMCI Commodity Strategy ETF

The VanEck CMCI Commodity Strategy ETF (CMCI) is an exchange-traded fund that is based on the UBS Constant Maturity Commodity index. The fund tracks a broad index that represents the five commodity sectors: agriculture, energy, livestock, precious metals, and industrial metals. The index aims to provide beta exposure across 29 commodity components and maturities. CMCI was launched on Aug 21, 2023 and is issued by VanEck.