USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund (NYSEARCA:SDCI – Get Free Report) was the recipient of a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 394,586 shares, an increase of 60.0% from the May 14th total of 246,598 shares. Based on an average trading volume of 171,036 shares, the short-interest ratio is currently 2.3 days. Currently, 2.0% of the company’s shares are sold short.
USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund Trading Down 0.7%
Shares of NYSEARCA SDCI traded down $0.19 during mid-day trading on Tuesday, reaching $26.75. 90,855 shares of the company’s stock were exchanged, compared to its average volume of 205,837. The business has a fifty day simple moving average of $28.01 and a 200 day simple moving average of $25.41. USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund has a twelve month low of $21.42 and a twelve month high of $29.36.
Institutional Trading of USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund
A number of large investors have recently bought and sold shares of the business. Midwest Professional Planners LTD. raised its holdings in USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund by 12.0% during the 1st quarter. Midwest Professional Planners LTD. now owns 150,516 shares of the company’s stock worth $4,100,000 after buying an additional 16,083 shares during the period. EverSource Wealth Advisors LLC bought a new position in USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund in the first quarter valued at approximately $1,539,000. Creative Financial Designs Inc. ADV boosted its holdings in shares of USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund by 13.1% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 25,683 shares of the company’s stock valued at $566,000 after buying an additional 2,979 shares during the period. Nations Financial Group Inc. IA ADV acquired a new position in shares of USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund in the first quarter valued at approximately $479,000. Finally, Flow Traders U.S. LLC bought a new stake in shares of USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund during the third quarter worth $321,000.
USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund Company Profile
The USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund (SDCI) is an exchange-traded fund that is based on the SummerHaven Dynamic Commodity index. The fund is a broad-market commodity fund that holds an equally weighted portfolio of 14 commodity futures contracts. Contracts are chosen for optimal backwardation and price momentum. SDCI was launched on May 3, 2018 and is managed by USCF Advisers.
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