United States Commodity Index Fund (NYSEARCA:USCI) Stock Short Interest Report for September

United States Commodity Index Fund (NYSEARCA:USCI) saw a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 29,810 shares, a decrease of 45.4% from the September 15th total of 54,559 shares. Currently, 0.8% of the company’s shares are short sold. Based on an average trading volume of 11,547 shares, the days-to-cover ratio is currently 2.6 days.

Institutional Investors Weigh In On United States Commodity Index Fund

Several large investors have recently modified their holdings of USCI. Farther Finance Advisors LLC grew its holdings in shares of United States Commodity Index Fund by 1,263.8% during the third quarter. Farther Finance Advisors LLC now owns 12,738 shares of the company’s stock worth $1,394,000 after buying an additional 11,804 shares in the last quarter. Cetera Investment Advisers boosted its position in United States Commodity Index Fund by 32.8% during the first quarter. Cetera Investment Advisers now owns 39,382 shares of the company’s stock valued at $3,754,000 after purchasing an additional 9,727 shares during the last quarter. Grove Bank & Trust bought a new position in United States Commodity Index Fund in the second quarter valued at approximately $93,000. Kestra Private Wealth Services LLC raised its stake in shares of United States Commodity Index Fund by 19.4% during the 1st quarter. Kestra Private Wealth Services LLC now owns 3,903 shares of the company’s stock worth $372,000 after purchasing an additional 634 shares in the last quarter. Finally, Fifth Third Bancorp bought a new stake in shares of United States Commodity Index Fund during the 1st quarter worth approximately $57,000.

United States Commodity Index Fund Trading Up 1.2%

Shares of NYSEARCA:USCI traded up $1.28 during mid-day trading on Friday, reaching $111.11. The stock had a trading volume of 6,481 shares, compared to its average volume of 19,628. The firm has a 50 day simple moving average of $107.80 and a two-hundred day simple moving average of $101.11. United States Commodity Index Fund has a twelve month low of $76.12 and a twelve month high of $111.86. The firm has a market cap of $422.20 million, a PE ratio of 29.98 and a beta of 0.15.

About United States Commodity Index Fund

The United States Commodity Index Fund, LP (USCI) is an exchange-traded fund that is based on the SummerHaven Dynamic Commodity index. The fund tracks an equal-weighted index of 14 commodity futures contracts selected based on their level of backwardation and price momentum. USCI was launched on Aug 10, 2010 and is managed by US Commodity Funds.