USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund (NYSEARCA:SDCI) Short Interest Up 144.7% in May

USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund (NYSEARCA:SDCI) was the target of a large increase in short interest in May. As of May 15th, there was short interest totaling 246,598 shares, an increase of 144.7% from the April 30th total of 100,784 shares. Approximately 1.2% of the company’s stock are sold short. Based on an average daily volume of 242,046 shares, the short-interest ratio is presently 1.0 days.

Institutional Trading of USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund

Institutional investors and hedge funds have recently modified their holdings of the business. Flow Traders U.S. LLC bought a new stake in shares of USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund in the 3rd quarter worth $321,000. EverSource Wealth Advisors LLC bought a new stake in shares of USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund in the 1st quarter worth $1,539,000. Midwest Professional Planners LTD. increased its holdings in shares of USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund by 12.0% in the 1st quarter. Midwest Professional Planners LTD. now owns 150,516 shares of the company’s stock worth $4,100,000 after purchasing an additional 16,083 shares in the last quarter. Nations Financial Group Inc. IA ADV bought a new stake in shares of USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund in the 1st quarter worth $479,000. Finally, Principia Wealth Advisory LLC increased its holdings in shares of USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund by 86.9% in the 4th quarter. Principia Wealth Advisory LLC now owns 4,560 shares of the company’s stock worth $100,000 after purchasing an additional 2,120 shares in the last quarter.

USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund Stock Up 1.0%

Shares of USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund stock traded up $0.27 on Monday, reaching $28.27. The company’s stock had a trading volume of 171,191 shares, compared to its average volume of 207,816. The firm’s fifty day simple moving average is $27.87 and its two-hundred day simple moving average is $25.09. USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund has a 52 week low of $20.64 and a 52 week high of $29.36.

USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund Company Profile

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. SDCI was launched on May 3, 2018 and is managed by USCF Advisers.