ETRACS CMCI Total Return ETN Series B (NYSEARCA:UCIB) Short Interest Up 137.1% in August

ETRACS CMCI Total Return ETN Series B (NYSEARCA:UCIB) saw a significant increase in short interest in August. As of August 14th, there was short interest totaling 2,426 shares, an increase of 137.1% from the July 30th total of 1,023 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 508 shares, the short-interest ratio is currently 4.8 days.

ETRACS CMCI Total Return ETN Series B Stock Performance

Shares of NYSEARCA:UCIB traded up $0.23 during trading on Friday, reaching $37.26. The stock had a trading volume of 2,860 shares, compared to its average volume of 2,283. ETRACS CMCI Total Return ETN Series B has a 52 week low of $24.92 and a 52 week high of $40.69. The business’s 50-day moving average price is $34.61 and its 200 day moving average price is $33.55.

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.