USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund (NYSEARCA:SDCI) Stock Short Interest Declines 90.1%

by · The Markets Daily

USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund (NYSEARCA:SDCI – Get Free Report) saw a large decrease in short interest in September. As of September 15th, there was short interest totaling 49,177 shares, a decrease of 90.1% from the August 31st total of 495,372 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average trading volume of 419,332 shares, the days-to-cover ratio is currently 0.1 days.

USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund Stock Down 0.3%

Shares of SDCI stock traded down $0.08 during trading on Thursday, reaching $31.58. The company had a trading volume of 723,103 shares, compared to its average volume of 253,900. The firm’s 50 day simple moving average is $30.01 and its two-hundred day simple moving average is $28.36. USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund has a one year low of $21.97 and a one year high of $31.95.

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

A number of institutional investors and hedge funds have recently modified their holdings of SDCI. Principia Wealth Advisory LLC boosted its holdings in shares of USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund by 86.9% during the 4th quarter. Principia Wealth Advisory LLC now owns 4,560 shares of the company’s stock worth $100,000 after buying an additional 2,120 shares during the period. Ares Financial Consulting LLC raised its holdings in USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund by 538.8% in the 2nd quarter. Ares Financial Consulting LLC now owns 4,152 shares of the company’s stock worth $110,000 after acquiring an additional 3,502 shares during the period. NewEdge Advisors LLC acquired a new position in USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund during the 1st quarter worth $136,000. Nations Financial Group Inc. IA ADV acquired a new position in USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund during the 1st quarter worth $479,000. Finally, Allied Private Wealth LLC bought a new stake in USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund during the second quarter valued at about $778,000.

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

(Get Free Report)

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.

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