Atlas America ETF (NASDAQ:USAF) Sees Large Increase in Short Interest

Atlas America ETF (NASDAQ:USAF) saw a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 1,110 shares, an increase of 290.8% from the May 14th total of 284 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 1,660 shares, the days-to-cover ratio is presently 0.7 days.

Atlas America ETF Trading Up 0.1%

Shares of NASDAQ:USAF traded up $0.04 during midday trading on Thursday, hitting $27.41. The company’s stock had a trading volume of 507 shares, compared to its average volume of 3,181. The stock’s 50 day simple moving average is $27.49 and its 200 day simple moving average is $27.54. Atlas America ETF has a fifty-two week low of $26.20 and a fifty-two week high of $30.40.

Atlas America ETF Company Profile

The Atlas America Fund (USAF) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund with exposure to several asset classes in the US and alternative strategies. It seeks stable returns that have low correlations to other portfolio securities. USAF was launched on Nov 19, 2024 and is issued by Atlas.