USCF Daily Target 2X Copper Index ETF (NYSEARCA:CPXR) Short Interest Up 1,567.6% in June

USCF Daily Target 2X Copper Index ETF (NYSEARCA:CPXR) was the recipient of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 11,673 shares, an increase of 1,567.6% from the June 15th total of 700 shares. Based on an average daily volume of 12,598 shares, the short-interest ratio is presently 0.9 days. Approximately 2.5% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in USCF Daily Target 2X Copper Index ETF stock. Bank of New York Mellon Corp acquired a new position in USCF Daily Target 2X Copper Index ETF (NYSEARCA:CPXR) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 20,000 shares of the company’s stock, valued at approximately $497,000. Bank of New York Mellon Corp owned about 3.03% of USCF Daily Target 2X Copper Index ETF as of its most recent filing with the Securities and Exchange Commission.

USCF Daily Target 2X Copper Index ETF Price Performance

Shares of USCF Daily Target 2X Copper Index ETF stock traded up $0.23 during trading on Friday, hitting $29.41. 3,869 shares of the stock traded hands, compared to its average volume of 79,904. The firm’s fifty day moving average is $30.36 and its 200-day moving average is $28.27. USCF Daily Target 2X Copper Index ETF has a 52 week low of $16.90 and a 52 week high of $34.91.

About USCF Daily Target 2X Copper Index ETF

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.