USCF Daily Target 2X Copper Index ETF (NYSEARCA:CPXR) Short Interest Up 64.8% in July

USCF Daily Target 2X Copper Index ETF (NYSEARCA:CPXRGet Free Report) was the target of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 11,275 shares, a growth of 64.8% from the July 15th total of 6,843 shares. Based on an average daily trading volume, of 13,181 shares, the days-to-cover ratio is presently 0.9 days. Approximately 2.6% of the shares of the company are sold short.

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 purchased a new position in USCF Daily Target 2X Copper Index ETF (NYSEARCA:CPXRFree Report) during the 1st quarter, according to its most recent disclosure with the SEC. The fund purchased 20,000 shares of the company’s stock, valued at approximately $497,000. Bank of New York Mellon Corp owned 3.03% of USCF Daily Target 2X Copper Index ETF as of its most recent SEC filing.

USCF Daily Target 2X Copper Index ETF Stock Performance

CPXR stock opened at $31.04 on Wednesday. USCF Daily Target 2X Copper Index ETF has a 52-week low of $17.02 and a 52-week high of $34.91. The company has a 50-day moving average of $30.52 and a two-hundred day moving average of $28.96.

About USCF Daily Target 2X Copper Index ETF

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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.

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