Short Interest in USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund (NYSEARCA:SDCI) Decreases By 54.5%

USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund (NYSEARCA:SDCI) saw a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 33,153 shares, a drop of 54.5% from the July 30th total of 72,810 shares. Based on an average daily volume of 176,870 shares, the short-interest ratio is presently 0.2 days. Currently, 0.2% of the company’s shares are sold short.

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

Hedge funds and other institutional investors have recently bought and sold shares of the company. Principia Wealth Advisory LLC lifted its stake 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 purchasing an additional 2,120 shares during the period. Creative Financial Designs Inc. ADV grew its position in shares of USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund by 13.1% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 25,683 shares of the company’s stock valued at $566,000 after purchasing an additional 2,979 shares during the period. Ares Financial Consulting LLC increased its stake in USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund by 538.8% in the second quarter. Ares Financial Consulting LLC now owns 4,152 shares of the company’s stock valued at $110,000 after purchasing an additional 3,502 shares during the last quarter. NewEdge Advisors LLC acquired a new position in USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund in the first quarter valued at $136,000. Finally, Flow Traders U.S. LLC acquired a new position in USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund in the third quarter valued at $321,000.

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

Shares of NYSEARCA SDCI traded up $0.14 during midday trading on Friday, reaching $30.07. 777,516 shares of the stock were exchanged, compared to its average volume of 237,335. The stock has a 50 day moving average price of $28.37 and a 200-day moving average price of $27.35. USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund has a 52-week low of $21.97 and a 52-week high of $30.43.

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.