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

USCF Energy Commodity Strategy Absolute Return Fund (NYSEARCA:USE) was the target of a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 227 shares, a decrease of 90.0% from the September 30th total of 2,261 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average daily volume of 13,662 shares, the short-interest ratio is presently 0.0 days.

USCF Energy Commodity Strategy Absolute Return Fund Price Performance

Shares of USCF Energy Commodity Strategy Absolute Return Fund stock traded up $0.87 during midday trading on Wednesday, reaching $39.80. 131 shares of the company’s stock traded hands, compared to its average volume of 3,316. USCF Energy Commodity Strategy Absolute Return Fund has a 12 month low of $21.56 and a 12 month high of $39.77. The stock has a 50 day moving average of $35.96 and a 200-day moving average of $30.61.

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.