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

USCF Energy Commodity Strategy Absolute Return Fund (NYSEARCA:USE – Get Free Report) saw a significant growth in short interest in September. As of September 15th, there was short interest totaling 3,046 shares, a growth of 363.6% from the August 31st total of 657 shares. Currently, 1.5% of the shares of the stock are sold short. Based on an average daily volume of 1,331 shares, the days-to-cover ratio is currently 2.3 days.

USCF Energy Commodity Strategy Absolute Return Fund Trading Down 2.6%

Shares of USE stock traded down $0.95 during trading hours on Friday, hitting $35.89. The company had a trading volume of 165 shares, compared to its average volume of 2,861. USCF Energy Commodity Strategy Absolute Return Fund has a 12 month low of $21.56 and a 12 month high of $37.72. The firm’s fifty day moving average is $33.71 and its 200 day moving average is $31.75.

USCF Energy Commodity Strategy Absolute Return Fund Company Profile

(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.

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