USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund (NYSEARCA:SDCI) Sees Large Growth in Short Interest

USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund (NYSEARCA:SDCI) was the target of a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 72,810 shares, a growth of 554.1% from the July 15th total of 11,131 shares. Based on an average daily volume of 199,448 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.4% of the company’s stock are sold short.

Institutional Trading of USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund

Hedge funds and other institutional investors have recently made changes to their positions in the business. Flow Traders U.S. LLC bought a new stake in USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund during the 3rd quarter worth about $321,000. Creative Financial Designs Inc. ADV lifted its stake in 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 acquiring an additional 2,979 shares during the last quarter. Principia Wealth Advisory LLC grew its position in shares of USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund by 86.9% in the 4th quarter. Principia Wealth Advisory LLC now owns 4,560 shares of the company’s stock valued at $100,000 after acquiring an additional 2,120 shares during the period. Nations Financial Group Inc. IA ADV bought a new position in shares of USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund in the 1st quarter valued at about $479,000. Finally, Midwest Professional Planners LTD. increased its stake in shares of 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 purchasing an additional 16,083 shares during the last quarter.

USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund Trading Down 0.9%

USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund stock opened at $29.27 on Friday. The company has a 50 day moving average of $27.76 and a 200-day moving average of $26.91. USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund has a twelve month low of $21.72 and a twelve month high of $29.55.

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.