United States Commodity Index Fund (NYSEARCA:USCI) Short Interest Update

United States Commodity Index Fund (NYSEARCA:USCI) saw a large decrease in short interest in the month of April. As of April 30th, there was short interest totaling 32,934 shares, a decrease of 45.0% from the April 15th total of 59,861 shares. Currently, 0.9% of the shares of the stock are sold short. Based on an average trading volume of 28,078 shares, the short-interest ratio is presently 1.2 days.

Institutional Trading of United States Commodity Index Fund

Several institutional investors have recently modified their holdings of USCI. Bank of America Corp DE acquired a new stake in United States Commodity Index Fund during the second quarter valued at approximately $29,000. Fifth Third Bancorp acquired a new stake in United States Commodity Index Fund during the first quarter valued at approximately $57,000. Global Retirement Partners LLC lifted its stake in United States Commodity Index Fund by 535.0% during the fourth quarter. Global Retirement Partners LLC now owns 635 shares of the company’s stock valued at $49,000 after purchasing an additional 535 shares during the last quarter. Burke & Herbert Bank & Trust Co. acquired a new stake in United States Commodity Index Fund during the third quarter valued at approximately $201,000. Finally, Prospera Financial Services Inc acquired a new stake in United States Commodity Index Fund during the fourth quarter valued at approximately $201,000.

United States Commodity Index Fund Stock Performance

Shares of NYSEARCA:USCI traded down $0.20 during trading on Friday, reaching $101.18. The company had a trading volume of 20,917 shares, compared to its average volume of 23,856. The firm’s fifty day moving average is $95.97 and its 200 day moving average is $85.73. The firm has a market capitalization of $379.43 million, a PE ratio of 29.98 and a beta of 0.14. United States Commodity Index Fund has a twelve month low of $69.30 and a twelve month high of $102.93.

United States Commodity Index Fund Company Profile

The United States Commodity Index Fund, LP (USCI) is an exchange-traded fund that is based on the SummerHaven Dynamic Commodity index. The fund tracks an equal-weighted index of 14 commodity futures contracts selected based on their level of backwardation and price momentum. USCI was launched on Aug 10, 2010 and is managed by US Commodity Funds.