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

ETRACS CMCI Total Return ETN Series B (NYSEARCA:UCIB) saw a large decline in short interest during the month of December. As of December 15th, there was short interest totaling 1,088 shares, a decline of 40.4% from the November 30th total of 1,824 shares. Based on an average trading volume of 284 shares, the short-interest ratio is presently 3.8 days. Approximately 0.1% of the shares of the stock are short sold. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 284 shares, the short-interest ratio is presently 3.8 days.

ETRACS CMCI Total Return ETN Series B Stock Up 0.1%

UCIB traded up $0.03 during trading on Friday, reaching $28.07. The stock had a trading volume of 204 shares, compared to its average volume of 1,935. The business has a 50-day moving average of $27.58 and a 200-day moving average of $27.10. ETRACS CMCI Total Return ETN Series B has a one year low of $22.97 and a one year high of $30.32.

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.