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 recipient of a large growth in short interest in the month of April. As of April 15th, there was short interest totaling 15,778 shares, a growth of 30.9% from the March 31st total of 12,058 shares. Approximately 1.7% of the shares of the company are short sold. Based on an average daily trading volume, of 1,767 shares, the days-to-cover ratio is currently 8.9 days.

ETRACS CMCI Total Return ETN Series B Trading Up 0.0%

ETRACS CMCI Total Return ETN Series B stock traded up $0.00 on Friday, hitting $33.71. The company’s stock had a trading volume of 406 shares, compared to its average volume of 1,442. The company has a fifty day moving average price of $32.44 and a 200-day moving average price of $29.65. ETRACS CMCI Total Return ETN Series B has a one year low of $24.18 and a one year high of $36.32.

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.