USCF Energy Commodity Strategy Absolute Return Fund (NYSEARCA:USE) Short Interest Update

USCF Energy Commodity Strategy Absolute Return Fund (NYSEARCA:USE) saw a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 5,591 shares, an increase of 1,120.7% from the May 31st total of 458 shares. Currently, 7.0% of the shares of the company are short sold. Based on an average daily trading volume, of 4,428 shares, the days-to-cover ratio is currently 1.3 days.

USCF Energy Commodity Strategy Absolute Return Fund Stock Performance

USE stock opened at $26.95 on Friday. The company has a fifty day moving average of $31.87 and a 200-day moving average of $27.53. USCF Energy Commodity Strategy Absolute Return Fund has a one year low of $21.56 and a one year high of $35.69.

USCF Energy Commodity Strategy Absolute Return Fund Company Profile

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.