Short Interest in ETRACS CMCI Total Return ETN Series B (NYSEARCA:UCIB) Drops By 83.5%

ETRACS CMCI Total Return ETN Series B (NYSEARCA:UCIB) was the recipient of a significant decline in short interest in January. As of January 15th, there was short interest totaling 212 shares, a decline of 83.5% from the December 31st total of 1,285 shares. Based on an average daily trading volume, of 334 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 334 shares, the days-to-cover ratio is presently 0.6 days.

ETRACS CMCI Total Return ETN Series B Stock Up 0.8%

Shares of UCIB stock traded up $0.25 during trading hours on Tuesday, hitting $29.80. The company’s stock had a trading volume of 1,747 shares, compared to its average volume of 585. The business has a fifty day moving average of $28.09 and a 200-day moving average of $27.40. ETRACS CMCI Total Return ETN Series B has a twelve month low of $24.00 and a twelve month 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.