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

USCF Energy Commodity Strategy Absolute Return Fund (NYSEARCA:USEGet Free Report) was the recipient of a large increase in short interest in 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. Approximately 7.0% of the shares of the company are sold short. Based on an average daily volume of 4,428 shares, the short-interest ratio is presently 1.3 days.

USCF Energy Commodity Strategy Absolute Return Fund Price Performance

Shares of USCF Energy Commodity Strategy Absolute Return Fund stock opened at $26.95 on Friday. USCF Energy Commodity Strategy Absolute Return Fund has a 1 year low of $21.56 and a 1 year high of $35.69. The company’s fifty day moving average is $31.87 and its two-hundred day moving average is $27.53.

About USCF Energy Commodity Strategy Absolute Return Fund

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for USCF Energy Commodity Strategy Absolute Return Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for USCF Energy Commodity Strategy Absolute Return Fund and related companies with MarketBeat.com's FREE daily email newsletter.