USCF Daily Target 2X Copper Index ETF (NYSEARCA:CPXR – Get Free Report) was the target of a large decline in short interest during the month of October. As of October 15th, there was short interest totaling 3,621 shares, a decline of 46.0% from the September 30th total of 6,701 shares. Based on an average daily volume of 9,785 shares, the short-interest ratio is currently 0.4 days. Currently, 0.9% of the shares of the company are short sold.
USCF Daily Target 2X Copper Index ETF Stock Down 3.8%
Shares of NYSEARCA CPXR traded down $1.20 during trading hours on Friday, reaching $30.27. The stock had a trading volume of 35,710 shares, compared to its average volume of 54,730. USCF Daily Target 2X Copper Index ETF has a fifty-two week low of $20.77 and a fifty-two week high of $34.91. The firm has a 50-day moving average of $31.81 and a 200-day moving average of $29.69.
Institutional Investors Weigh In On USCF Daily Target 2X Copper Index ETF
An institutional investor recently bought a new stake in USCF Daily Target 2X Copper Index ETF stock. Bank of New York Mellon Corp bought a new stake in USCF Daily Target 2X Copper Index ETF (NYSEARCA:CPXR – Free Report) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 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 & Exchange Commission.
USCF Daily Target 2X Copper Index ETF Company Profile
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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