USCF Daily Target 2X Copper Index ETF (NYSEARCA:CPXR) Short Interest Update

USCF Daily Target 2X Copper Index ETF (NYSEARCA:CPXR) saw a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 11,275 shares, a growth of 64.8% from the July 15th total of 6,843 shares. Currently, 2.6% of the company’s shares are sold short. Based on an average daily trading volume, of 13,181 shares, the days-to-cover ratio is presently 0.9 days.

USCF Daily Target 2X Copper Index ETF Trading Up 0.1%

Shares of CPXR traded up $0.03 during midday trading on Monday, hitting $32.56. The stock had a trading volume of 25,515 shares, compared to its average volume of 68,822. USCF Daily Target 2X Copper Index ETF has a 1 year low of $17.02 and a 1 year high of $34.91. The stock’s 50 day moving average is $30.47 and its 200 day moving average is $28.92.

Hedge Funds Weigh In On USCF Daily Target 2X Copper Index ETF

A hedge fund recently bought a new stake 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) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 20,000 shares of the company’s stock, valued at approximately $497,000. Bank of New York Mellon Corp owned 3.03% of USCF Daily Target 2X Copper Index ETF at the end of the most recent reporting period.

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.