Short Interest in ETRACS CMCI Total Return ETN Series B (NYSEARCA:UCIB) Increases By 72.5%

ETRACS CMCI Total Return ETN Series B (NYSEARCA:UCIB – Get Free Report) was the recipient of a large growth in short interest in August. As of August 31st, there was short interest totaling 4,185 shares, a growth of 72.5% from the August 15th total of 2,426 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average daily volume of 1,324 shares, the days-to-cover ratio is currently 3.2 days.

ETRACS CMCI Total Return ETN Series B Price Performance

UCIB stock traded up $0.01 during mid-day trading on Thursday, reaching $37.94. 83 shares of the stock traded hands, compared to its average volume of 2,202. ETRACS CMCI Total Return ETN Series B has a 52-week low of $25.31 and a 52-week high of $40.69. The stock’s fifty day moving average is $36.01 and its 200-day moving average is $34.35.

ETRACS CMCI Total Return ETN Series B Company Profile

(Get Free Report)

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.

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