USCF Dividend Income Fund (NYSEARCA:UDI) Stock Short Interest Declines 33.3%

USCF Dividend Income Fund (NYSEARCA:UDI) was the recipient of a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 2 shares, a decrease of 33.3% from the September 30th total of 3 shares. Based on an average daily volume of 569 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

USCF Dividend Income Fund Price Performance

NYSEARCA UDI opened at $37.05 on Wednesday. The firm has a market capitalization of $3.33 million, a price-to-earnings ratio of 14.93 and a beta of 0.67. The company’s fifty day moving average is $36.47 and its two-hundred day moving average is $35.34. USCF Dividend Income Fund has a 52-week low of $30.26 and a 52-week high of $37.74.

USCF Dividend Income Fund Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, October 28th. Stockholders of record on Monday, October 26th were given a dividend of $0.0880 per share. This is an increase from USCF Dividend Income Fund’s previous monthly dividend of $0.0728. This represents a $1.06 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend was Monday, October 26th.

USCF Dividend Income Fund Company Profile

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.