USCF Energy Commodity Strategy Absolute Return Fund (NYSEARCA:USE – Get Free Report) was the recipient of a large decline in short interest in the month of October. As of October 30th, there was short interest totaling 68 shares, a decline of 70.0% from the October 15th total of 227 shares. Based on an average daily volume of 631 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s shares are short sold.
USCF Energy Commodity Strategy Absolute Return Fund Stock Performance
NYSEARCA:USE traded up $0.00 during mid-day trading on Friday, hitting $36.23. 1,070 shares of the stock traded hands, compared to its average volume of 3,222. USCF Energy Commodity Strategy Absolute Return Fund has a 52 week low of $21.56 and a 52 week high of $40.29. The firm’s 50 day moving average is $36.95 and its two-hundred day moving average is $31.48.
About USCF Energy Commodity Strategy Absolute Return Fund
The USCF Energy Commodity Strategy Absolute Return Fund (USE) is an exchange-traded fund that mostly invests in multi-strategy alternatives. The fund is an actively managed fund that provides exposure to oil, petroleum, and natural gas through long, short, or spread positions in energy-related derivatives and other commodity-linked investments. USE was launched on May 4, 2023 and is managed by Marygold.
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