USCF Energy Commodity Strategy Absolute Return Fund (NYSEARCA:USE – Get Free Report) saw a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 227 shares, a drop of 90.0% from the September 30th total of 2,261 shares. Based on an average daily volume of 13,662 shares, the short-interest ratio is presently 0.0 days. Currently, 0.3% of the company’s shares are short sold.
USCF Energy Commodity Strategy Absolute Return Fund Price Performance
NYSEARCA:USE traded down $0.50 during trading hours on Monday, reaching $39.27. The company’s stock had a trading volume of 519 shares, compared to its average volume of 3,332. The firm has a 50-day simple moving average of $35.75 and a 200-day simple moving average of $32.71. USCF Energy Commodity Strategy Absolute Return Fund has a 1 year low of $21.56 and a 1 year high of $39.77.
USCF Energy Commodity Strategy Absolute Return Fund Company Profile
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.
Recommended Stories
- Five stocks we like better than USCF Energy Commodity Strategy Absolute Return Fund
- Comfort Systems Earnings: AI Slowdown or More Growth Ahead?
- Bristol Myers Squibb’s Cancer Breakthrough Could Have Implications Beyond Its Own Stock
- 5 Beaten-Down Growth Stocks Trading Like Value Plays as Cash Chases Mega-Caps
- Anthropic’s IPO Filing Reveals a Massive Opportunity for AI Infrastructure Giants
Receive News & Ratings for USCF Energy Commodity Strategy Absolute Return Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for USCF Energy Commodity Strategy Absolute Return Fund and related companies with MarketBeat.com's FREE daily email newsletter.
