Short Interest in ETRACS CMCI Total Return ETN Series B (NYSEARCA:UCIB) Increases By 245.8%

ETRACS CMCI Total Return ETN Series B (NYSEARCA:UCIB) saw a large increase in short interest in January. As of January 30th, there was short interest totaling 733 shares, an increase of 245.8% from the January 15th total of 212 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 834 shares, the days-to-cover ratio is presently 0.9 days. Based on an average trading volume of 834 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.1% of the company’s stock are short sold.

ETRACS CMCI Total Return ETN Series B Trading Up 0.1%

NYSEARCA:UCIB traded up $0.04 during mid-day trading on Wednesday, hitting $29.77. 5,617 shares of the company’s stock were exchanged, compared to its average volume of 2,004. ETRACS CMCI Total Return ETN Series B has a one year low of $24.00 and a one year high of $32.49. The business has a fifty day moving average price of $28.58 and a 200 day moving average price of $27.61.

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.