USCF Energy Commodity Strategy Absolute Return Fund (NYSEARCA:USE) Stock Short Interest Report for October

USCF Energy Commodity Strategy Absolute Return Fund (NYSEARCA:USE) saw a large decrease in short interest during the month of October. As of October 30th, there was short interest totaling 68 shares, a decrease of 70.0% from the October 15th total of 227 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 631 shares, the days-to-cover ratio is currently 0.1 days.

USCF Energy Commodity Strategy Absolute Return Fund Stock Performance

USE stock traded up $0.00 during midday trading on Friday, reaching $36.23. The company’s stock had a trading volume of 1,070 shares, compared to its average volume of 3,222. The stock has a fifty day simple moving average of $36.95 and a two-hundred day simple moving average of $31.48. USCF Energy Commodity Strategy Absolute Return Fund has a 1 year low of $21.56 and a 1 year high of $40.29.

About USCF Energy Commodity Strategy Absolute Return Fund

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.