USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund (NYSEARCA:SDCI) Short Interest Down 89.2% in June

USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund (NYSEARCA:SDCI) saw a significant decrease in short interest in June. As of June 30th, there was short interest totaling 15,251 shares, a decrease of 89.2% from the June 15th total of 140,709 shares. Based on an average trading volume of 497,512 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.1% of the company’s shares are short sold.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the stock. Principia Wealth Advisory LLC lifted its stake in USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund by 86.9% in the fourth quarter. Principia Wealth Advisory LLC now owns 4,560 shares of the company’s stock valued at $100,000 after buying an additional 2,120 shares in the last quarter. Creative Financial Designs Inc. ADV increased its position in shares of USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund by 13.1% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 25,683 shares of the company’s stock worth $566,000 after acquiring an additional 2,979 shares in the last quarter. Ares Financial Consulting LLC raised its holdings in shares of USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund by 538.8% during the second 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 stake in shares of USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund during the first quarter worth $136,000. Finally, Flow Traders U.S. LLC bought a new stake in USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund in the 3rd quarter valued at $321,000.

USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund Trading Down 0.5%

Shares of NYSEARCA:SDCI traded down $0.14 during trading on Friday, hitting $27.36. 784,435 shares of the company’s stock traded hands, compared to its average volume of 239,957. USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund has a 52 week low of $21.50 and a 52 week high of $29.36. The company has a 50-day moving average price of $27.67 and a 200-day moving average price of $25.85.

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