USCF Midstream Energy Income Fund (NYSEARCA:UMI – Get Free Report) was the recipient of a significant increase in short interest in August. As of August 14th, there was short interest totaling 16,268 shares, an increase of 58.9% from the July 30th total of 10,240 shares. Based on an average daily volume of 15,424 shares, the short-interest ratio is currently 1.1 days. Approximately 0.2% of the company’s stock are short sold.
Institutional Investors Weigh In On USCF Midstream Energy Income Fund
A hedge fund recently bought a new position in USCF Midstream Energy Income Fund stock. Mosaic Family Wealth Partners LLC acquired a new stake in shares of USCF Midstream Energy Income Fund (NYSEARCA:UMI – Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 17,717 shares of the company’s stock, valued at approximately $1,038,000. Mosaic Family Wealth Partners LLC owned approximately 0.22% of USCF Midstream Energy Income Fund at the end of the most recent reporting period.
USCF Midstream Energy Income Fund Stock Up 0.3%
Shares of NYSEARCA:UMI opened at $61.91 on Wednesday. The company has a market capitalization of $518.81 million, a price-to-earnings ratio of 18.78 and a beta of 0.56. USCF Midstream Energy Income Fund has a 52 week low of $47.74 and a 52 week high of $64.77. The firm has a 50 day moving average of $60.49 and a 200 day moving average of $59.02.
USCF Midstream Energy Income Fund Dividend Announcement
About USCF Midstream Energy Income Fund
The USCF Midstream Energy Income Fund (UMI) is an exchange-traded fund that mostly invests in energy equity. The fund holds an actively-managed portfolio of midstream energy infrastructure companies. The fund is income-focused and uses a fundamental approach that integrates ESG research. UMI was launched on Mar 24, 2021 and is managed by USCF Advisers.
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