ETRACS CMCI Total Return ETN Series B (NYSEARCA:UCIB) Short Interest Down 40.4% in December

ETRACS CMCI Total Return ETN Series B (NYSEARCA:UCIB) was the recipient of a large decrease in short interest in December. As of December 15th, there was short interest totaling 1,088 shares, a decrease of 40.4% from the November 30th total of 1,824 shares. Based on an average trading volume of 284 shares, the days-to-cover ratio is presently 3.8 days. Approximately 0.1% of the company’s stock are short sold. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 284 shares, the days-to-cover ratio is presently 3.8 days.

ETRACS CMCI Total Return ETN Series B Price Performance

ETRACS CMCI Total Return ETN Series B stock traded up $0.12 during trading on Tuesday, hitting $28.27. The stock had a trading volume of 2,309 shares, compared to its average volume of 1,930. The stock’s 50 day moving average is $27.60 and its two-hundred day moving average is $27.12. ETRACS CMCI Total Return ETN Series B has a 1 year low of $22.97 and a 1 year high of $30.32.

ETRACS CMCI Total Return ETN Series B Company Profile

The ETRACS CMCI Total Return ETN Series B (UCIB) is an exchange-traded fund that is based on the UBS CMCI index. The fund tracks a broad-commodity index representing five commodity sectors. It uses a set of five futures contracts of different maturities to maintain exposure to each commodity. UCIB was launched on Oct 8, 2015 and is issued by ETRACS.