iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) Short Interest Up 51.7% in December

iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) was the recipient of a large growth in short interest in December. As of December 31st, there was short interest totalling 236,100 shares, a growth of 51.7% from the December 15th total of 155,600 shares. Based on an average daily volume of 291,400 shares, the short-interest ratio is presently 0.8 days.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Aptus Capital Advisors LLC bought a new stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF during the third quarter valued at approximately $86,000. Sanctuary Advisors LLC purchased a new position in iShares GSCI Commodity Dynamic Roll Strategy ETF during the second quarter valued at $220,000. Mercer Global Advisors Inc. ADV boosted its holdings in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 29.8% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 10,891 shares of the company’s stock valued at $297,000 after buying an additional 2,500 shares in the last quarter. Creative Planning grew its position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 22.8% in the 3rd quarter. Creative Planning now owns 12,675 shares of the company’s stock worth $328,000 after buying an additional 2,350 shares during the period. Finally, Prosperity Planning Inc. increased its stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 5.0% in the 3rd quarter. Prosperity Planning Inc. now owns 19,850 shares of the company’s stock worth $514,000 after acquiring an additional 944 shares in the last quarter. Institutional investors own 1.80% of the company’s stock.

iShares GSCI Commodity Dynamic Roll Strategy ETF Stock Performance

Shares of NASDAQ COMT traded down $0.07 during midday trading on Friday, hitting $26.68. 77,452 shares of the company traded hands, compared to its average volume of 152,305. iShares GSCI Commodity Dynamic Roll Strategy ETF has a 12-month low of $24.44 and a 12-month high of $28.22. The firm has a market cap of $720.36 million, a P/E ratio of -12.89 and a beta of 0.53. The stock has a 50-day moving average price of $25.78 and a 200 day moving average price of $26.12.

iShares GSCI Commodity Dynamic Roll Strategy ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were issued a dividend of $1.2401 per share. The ex-dividend date of this dividend was Tuesday, December 17th. iShares GSCI Commodity Dynamic Roll Strategy ETF’s dividend payout ratio (DPR) is -59.90%.

About iShares GSCI Commodity Dynamic Roll Strategy ETF

The iShares GSCI Commodity Dynamic Roll Strategy ETF (COMT) is an exchange-traded fund that is based on the S&P GSCI Dynamic Roll index. The fund tracks a broad-market commodity index that utilizes a flexible dynamic roll strategy. COMT was launched on Oct 16, 2014 and is managed by BlackRock.