USCF Daily Target 2X Copper Index ETF (NYSEARCA:CPXR) Sees Large Decrease in Short Interest

USCF Daily Target 2X Copper Index ETF (NYSEARCA:CPXR) was the target of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 3,621 shares, a decrease of 46.0% from the September 30th total of 6,701 shares. Based on an average daily trading volume, of 9,785 shares, the short-interest ratio is presently 0.4 days. Approximately 0.9% of the company’s shares are short sold.

USCF Daily Target 2X Copper Index ETF Price Performance

CPXR traded up $0.55 during midday trading on Monday, reaching $30.82. 7,292 shares of the company were exchanged, compared to its average volume of 54,504. USCF Daily Target 2X Copper Index ETF has a one year low of $20.77 and a one year high of $34.91. The stock’s 50-day simple moving average is $31.78 and its 200 day simple moving average is $29.69.

Institutional Trading of USCF Daily Target 2X Copper Index ETF

An institutional investor recently bought a new position in USCF Daily Target 2X Copper Index ETF stock. Bank of New York Mellon Corp acquired a new position in shares of USCF Daily Target 2X Copper Index ETF (NYSEARCA:CPXR) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 20,000 shares of the company’s stock, valued at approximately $497,000. Bank of New York Mellon Corp owned about 3.03% of USCF Daily Target 2X Copper Index ETF at the end of the most recent reporting period.

USCF Daily Target 2X Copper Index ETF Company Profile

The USCF Daily Target 2X Copper Index ETF (CPXR) is an exchange-traded fund that mostly invests in copper commodities. The fund is an actively managed fund that seeks 200% of the daily price performance of a copper futures index. The fund invests via a subsidiary that holds the contracts. CPXR was launched on Jan 21, 2025 and is issued by Marygold.