ETRACS CMCI Total Return ETN Series B (NYSEARCA:UCIB) Short Interest Update

ETRACS CMCI Total Return ETN Series B (NYSEARCA:UCIB) saw a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 11,502 shares, an increase of 174.8% from the August 31st total of 4,185 shares. Based on an average daily volume of 966 shares, the days-to-cover ratio is currently 11.9 days. Approximately 1.2% of the company’s stock are sold short.

ETRACS CMCI Total Return ETN Series B Trading Down 1.4%

Shares of UCIB opened at $37.67 on Tuesday. The stock has a 50-day simple moving average of $36.62 and a 200-day simple moving average of $34.75. ETRACS CMCI Total Return ETN Series B has a 1 year low of $25.31 and a 1 year high of $41.76.

About ETRACS CMCI Total Return ETN Series B

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.