United States Brent Oil Fund LP (NYSEARCA:BNO) Sees Large Growth in Short Interest

Posted by George Bondi on Aug 18th, 2026

United States Brent Oil Fund LP (NYSEARCA:BNO – Get Free Report) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totaling 1,820,723 shares, an increase of 48.4% from the July 15th total of 1,226,716 shares. Approximately 9.9% of the company’s stock are sold short. Based on an average trading volume of 2,027,885 shares, the short-interest ratio is presently 0.9 days.

Key Stories Impacting United States Brent Oil Fund

Here are the key news stories impacting United States Brent Oil Fund this week:

Positive Sentiment: Oil prices climbed as hopes for a U.S.-Iran peace agreement faded. Iran indicated a more aggressive stance, while the U.S. declined to extend a ceasefire, increasing concerns about disruptions to crude production and exports. Oil climbs as fading US-Iran peace hopes raise supply risks
Positive Sentiment: Shipping risks in the Strait of Hormuz remain elevated, supporting WTI and Brent as tanker traffic slows and traders price in the possibility of prolonged supply disruptions. Natural Gas and Oil Forecast: Hormuz Risks Support Crude as U.S. Gas Supply Stays Ample
Positive Sentiment: Analysts cited the potential for crude to consolidate in a roughly $90-to-$110 range if the U.S.-Iran conflict persists, reinforcing the bullish case for Brent-linked funds but also highlighting elevated volatility. $90 to $110 Oil to Hit Market? David McAlvany’s Bull Case for Crude
Neutral Sentiment: Crude continues to react sharply to Middle East headlines while elevated interest rates weigh on broader markets. This environment supports oil prices but may increase volatility in BNO and other commodity investments. Crude Oil Price Forecast – WTI and Brent Chop as Strait of Hormuz Standoff Continues
Negative Sentiment: Guyana said it is now entitled to nearly 40% of production from a major ExxonMobil-led offshore oil project. If the higher national share leads to increased output or exports, it could add supply to the global market and modestly temper crude prices, although the announcement does not immediately change production volumes. Guyana now entitled to nearly 40% of production from oil block, president says

United States Brent Oil Fund Trading Up 0.3%

NYSEARCA:BNO traded up $0.17 during midday trading on Tuesday, reaching $52.14. The company had a trading volume of 2,147,581 shares, compared to its average volume of 3,696,118. The stock’s fifty day simple moving average is $46.31 and its 200-day simple moving average is $46.42. United States Brent Oil Fund has a 12-month low of $27.14 and a 12-month high of $60.81.

Hedge Funds Weigh In On United States Brent Oil Fund

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Harvest Fund Management Co. Ltd grew its position in shares of United States Brent Oil Fund by 35.8% during the fourth quarter. Harvest Fund Management Co. Ltd now owns 337,192 shares of the company’s stock worth $9,549,000 after buying an additional 88,905 shares in the last quarter. Jump Financial LLC purchased a new position in United States Brent Oil Fund in the third quarter worth approximately $4,303,000. Ruffer LLP acquired a new position in United States Brent Oil Fund during the 4th quarter worth approximately $3,019,000. Virtu Financial LLC acquired a new position in United States Brent Oil Fund during the 3rd quarter worth approximately $2,865,000. Finally, Daiwa Securities Group Inc. grew its holdings in United States Brent Oil Fund by 12.6% during the 4th quarter. Daiwa Securities Group Inc. now owns 78,000 shares of the company’s stock worth $2,209,000 after acquiring an additional 8,700 shares in the last quarter.

About United States Brent Oil Fund

(Get Free Report)

The United States Brent Oil Fund, LP (BNO) is an exchange-traded fund that is based on the Front Month Brent Crude Oil index. The fund tracks the Brent oil spot price using near-month ICE futures contracts. BNO was launched on Jun 2, 2010 and is managed by US Commodity Funds.