ETRACS CMCI Total Return ETN Series B (NYSEARCA:UCIB) Short Interest Up 601.2% in February

ETRACS CMCI Total Return ETN Series B (NYSEARCA:UCIB) was the recipient of a large increase in short interest in February. As of February 13th, there was short interest totaling 5,140 shares, an increase of 601.2% from the January 29th total of 733 shares. Based on an average daily volume of 4,998 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.5% of the company’s stock are short sold. Currently, 0.5% of the company’s stock are short sold. Based on an average daily volume of 4,998 shares, the days-to-cover ratio is presently 1.0 days.

ETRACS CMCI Total Return ETN Series B Trading Up 0.3%

Shares of NYSEARCA UCIB traded up $0.09 during trading on Friday, reaching $30.28. The company had a trading volume of 1,466 shares, compared to its average volume of 1,784. ETRACS CMCI Total Return ETN Series B has a 12-month low of $24.00 and a 12-month high of $32.49. The business’s 50-day moving average is $29.10 and its 200 day moving average is $27.88.

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.