USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund (NYSEARCA:SDCI) Short Interest Update

USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund (NYSEARCA:SDCI) saw a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 246,598 shares, a growth of 144.7% from the April 30th total of 100,784 shares. Based on an average trading volume of 242,046 shares, the short-interest ratio is presently 1.0 days. Approximately 1.2% of the shares of the stock are sold short.

Hedge Funds Weigh In On USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Principia Wealth Advisory LLC boosted 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 purchasing an additional 2,120 shares during the period. Creative Financial Designs Inc. ADV raised its holdings in USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund by 13.1% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 25,683 shares of the company’s stock worth $566,000 after buying an additional 2,979 shares during the period. Flow Traders U.S. LLC purchased a new stake in USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund during the third quarter valued at about $321,000. Midwest Professional Planners LTD. lifted its stake in USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund by 12.0% during the first quarter. Midwest Professional Planners LTD. now owns 150,516 shares of the company’s stock valued at $4,100,000 after buying an additional 16,083 shares in the last quarter. Finally, Nations Financial Group Inc. IA ADV acquired a new position in shares of USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund in the first quarter worth about $479,000.

USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund Price Performance

SDCI opened at $28.00 on Friday. The business has a fifty day simple moving average of $27.84 and a 200-day simple moving average of $25.04. USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund has a fifty-two week low of $20.40 and a fifty-two week high of $29.36.

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.