USCF Energy Commodity Strategy Absolute Return Fund (NYSEARCA:USE) Short Interest Down 51.6% in August

USCF Energy Commodity Strategy Absolute Return Fund (NYSEARCA:USE – Get Free Report) saw a significant decrease in short interest in August. As of August 31st, there was short interest totaling 657 shares, a decrease of 51.6% from the August 15th total of 1,357 shares. Based on an average daily volume of 491 shares, the days-to-cover ratio is presently 1.3 days. Currently, 0.3% of the shares of the company are sold short.

USCF Energy Commodity Strategy Absolute Return Fund Price Performance

Shares of NYSEARCA USE traded down $0.88 during midday trading on Wednesday, reaching $36.84. 994 shares of the company traded hands, compared to its average volume of 2,941. The stock has a 50-day moving average price of $32.54 and a 200 day moving average price of $31.15. USCF Energy Commodity Strategy Absolute Return Fund has a 52 week low of $21.56 and a 52 week high of $37.72.

Get USCF Energy Commodity Strategy Absolute Return Fund alerts:

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.

See Also

• Five stocks we like better than USCF Energy Commodity Strategy Absolute Return Fund
• 3 Luxury Consumer Brands to Watch in a Beaten-Down Sector
• Jackson’s Record Quarter Powers the Bull Case
• Holiday Shopping Is Almost Here—And Target May Be Ready to Win Big
• AI Panic Hit Tech Stocks—But NVIDIA’s Growth Engine Is Intact

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.