USCF Dividend Income Fund (NYSEARCA:UDI) Shares Shorted: Short Interest Up 850.0% in October

USCF Dividend Income Fund (NYSEARCA:UDI) was the recipient of a large increase in short interest in October. As of October 30th, there was short interest totaling 19 shares, an increase of 850.0% from the October 15th total of 2 shares. Based on an average daily trading volume, of 1,176 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

USCF Dividend Income Fund Price Performance

Shares of UDI stock traded down $0.09 during trading hours on Thursday, reaching $37.44. 125 shares of the company traded hands, compared to its average volume of 2,207. The firm has a 50-day moving average price of $36.47 and a 200 day moving average price of $35.48. The company has a market cap of $2.81 million, a P/E ratio of 17.38 and a beta of 0.67. USCF Dividend Income Fund has a 12-month low of $30.82 and a 12-month high of $37.77.

USCF Dividend Income Fund Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, October 28th. Shareholders of record on Monday, October 26th were issued a dividend of $0.0880 per share. This is an increase from USCF Dividend Income Fund’s previous monthly dividend of $0.0728. This represents a $1.06 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend was Monday, October 26th.

USCF Dividend Income Fund Company Profile

The USCF ESG Dividend Income Fund (UDI) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that primarily invests in US exchange-traded, dividend-paying companies that meet the funds financial and ESG criteria. UDI was launched on Jun 8, 2022 and is managed by USCF Advisers.