Short Interest in Atlas America ETF (NASDAQ:USAF) Declines By 44.2%

Atlas America ETF (NASDAQ:USAF) was the recipient of a significant drop in short interest in May. As of May 15th, there was short interest totaling 284 shares, a drop of 44.2% from the April 30th total of 509 shares. Based on an average daily volume of 1,197 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the shares of the stock are sold short.

Atlas America ETF Stock Performance

Shares of NASDAQ:USAF traded down $0.03 during trading on Tuesday, hitting $27.47. 2,300 shares of the company’s stock were exchanged, compared to its average volume of 3,324. Atlas America ETF has a 52-week low of $26.17 and a 52-week high of $30.40. The business’s 50-day simple moving average is $27.46 and its 200 day simple moving average is $27.54.

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.