Short Interest in USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund (NYSEARCA:SDCI) Declines By 35.5%

USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund (NYSEARCA:SDCI) was the target of a significant decrease in short interest in the month of September. As of September 15th, there was short interest totaling 90,100 shares, a decrease of 35.5% from the August 31st total of 139,700 shares. Based on an average daily volume of 152,400 shares, the days-to-cover ratio is currently 0.6 days. Based on an average daily volume of 152,400 shares, the days-to-cover ratio is currently 0.6 days.

Hedge Funds Weigh In On USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund

A hedge fund recently bought a new stake in USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund stock. Rosenberg Matthew Hamilton purchased a new position in USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund (NYSEARCA:SDCI) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,210 shares of the company’s stock, valued at approximately $26,000.

USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund Stock Performance

SDCI opened at $22.78 on Friday. USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund has a 1-year low of $18.96 and a 1-year high of $23.31. The company has a 50 day simple moving average of $22.46 and a two-hundred day simple moving average of $21.60.

About USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund

The USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund (SDCI) is an exchange-traded fund that is based on the SummerHaven Dynamic Commodity index. The fund is a broad-market commodity fund that holds an equally weighted portfolio of 14 commodity futures contracts. Contracts are chosen for optimal backwardation and price momentum.