USCF Dividend Income Fund (NYSEARCA:UDI) Stock Short Interest Falls 50.0%

USCF Dividend Income Fund (NYSEARCA:UDI) saw a large decline in short interest in September. As of September 30th, there was short interest totaling 3 shares, a decline of 50.0% from the September 15th total of 6 shares. Based on an average daily volume of 2,090 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

USCF Dividend Income Fund Price Performance

NYSEARCA UDI traded down $0.00 on Wednesday, hitting $35.93. 235 shares of the company’s stock were exchanged, compared to its average volume of 2,361. The firm’s 50-day moving average price is $36.62 and its two-hundred day moving average price is $35.70. USCF Dividend Income Fund has a fifty-two week low of $30.26 and a fifty-two week high of $37.74. The firm has a market cap of $3.23 million, a price-to-earnings ratio of 14.93 and a beta of 0.67.

USCF Dividend Income Fund Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, September 28th. Stockholders of record on Thursday, September 24th were issued a $0.0728 dividend. The ex-dividend date of this dividend was Thursday, September 24th. This represents a $0.87 annualized dividend and a dividend yield of 2.4%. This is an increase from USCF Dividend Income Fund’s previous monthly dividend of $0.0474.

USCF Dividend Income Fund Company Profile

The USCF ESG Dividend Income Fund (UDI) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that primarily invests in US exchange-traded, dividend-paying companies that meet the funds financial and ESG criteria. UDI was launched on Jun 8, 2022 and is managed by USCF Advisers.