ETRACS CMCI Total Return ETN Series B (NYSEARCA:UCIB) Sees Significant Increase in Short Interest

ETRACS CMCI Total Return ETN Series B (NYSEARCA:UCIB) was the target of a significant increase in short interest in the month of April. As of April 15th, there was short interest totaling 15,778 shares, an increase of 30.9% from the March 31st total of 12,058 shares. Currently, 1.7% of the shares of the stock are sold short. Based on an average trading volume of 1,767 shares, the short-interest ratio is presently 8.9 days.

ETRACS CMCI Total Return ETN Series B Trading Up 0.0%

Shares of UCIB stock traded up $0.00 during mid-day trading on Friday, hitting $33.71. 406 shares of the stock were exchanged, compared to its average volume of 1,442. ETRACS CMCI Total Return ETN Series B has a 52-week low of $24.18 and a 52-week high of $36.32. The firm has a fifty day moving average of $32.44 and a 200 day moving average of $29.65.

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.