USCF Dividend Income Fund (NYSEARCA:UDI) Shares Shorted: Short Interest Up 850.0% in October

USCF Dividend Income Fund (NYSEARCA:UDI) was the recipient of a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 19 shares, an increase of 850.0% from the October 15th total of 2 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 1,176 shares, the short-interest ratio is currently 0.0 days.

USCF Dividend Income Fund Price Performance

UDI stock opened at $37.44 on Friday. The business has a 50-day moving average price of $36.47 and a 200 day moving average price of $35.50. The company has a market capitalization of $2.81 million, a P/E ratio of 17.38 and a beta of 0.67. USCF Dividend Income Fund has a 1-year low of $30.82 and a 1-year high of $37.77.

USCF Dividend Income Fund Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, October 28th. Stockholders of record on Monday, October 26th were given a $0.0880 dividend. This represents a $1.06 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend was Monday, October 26th. This is a boost from USCF Dividend Income Fund’s previous monthly dividend of $0.0728.

About USCF Dividend Income Fund

The USCF ESG Dividend Income Fund (UDI) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that primarily invests in US exchange-traded, dividend-paying companies that meet the funds financial and ESG criteria. UDI was launched on Jun 8, 2022 and is managed by USCF Advisers.