Atlas America ETF (NASDAQ:USAF) Sees Significant Growth in Short Interest

Atlas America ETF (NASDAQ:USAF) was the target of a significant increase in short interest in May. As of May 29th, there was short interest totaling 1,110 shares, an increase of 290.8% from the May 14th total of 284 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 1,660 shares, the days-to-cover ratio is presently 0.7 days.

Atlas America ETF Price Performance

Atlas America ETF stock traded down $0.03 during trading on Friday, reaching $27.36. The company had a trading volume of 1,347 shares, compared to its average volume of 3,166. Atlas America ETF has a 12-month low of $26.20 and a 12-month high of $30.40. The stock’s 50 day moving average price is $27.49 and its two-hundred day moving average price is $27.54.

About Atlas America ETF

The Atlas America Fund (USAF) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund with exposure to several asset classes in the US and alternative strategies. It seeks stable returns that have low correlations to other portfolio securities. USAF was launched on Nov 19, 2024 and is issued by Atlas.