USCF Daily Target 2X Copper Index ETF (NYSEARCA:CPXR) Short Interest Down 96.5% in May

USCF Daily Target 2X Copper Index ETF (NYSEARCA:CPXR) saw a large drop in short interest in May. As of May 29th, there was short interest totaling 939 shares, a drop of 96.5% from the May 14th total of 27,189 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 22,310 shares, the short-interest ratio is presently 0.0 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in USCF Daily Target 2X Copper Index ETF stock. Bank of New York Mellon Corp acquired a new position in shares of USCF Daily Target 2X Copper Index ETF (NYSEARCA:CPXR) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 20,000 shares of the company’s stock, valued at approximately $497,000. Bank of New York Mellon Corp owned approximately 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 Price Performance

CPXR stock traded up $0.05 during mid-day trading on Tuesday, hitting $30.65. 14,241 shares of the company were exchanged, compared to its average volume of 93,006. USCF Daily Target 2X Copper Index ETF has a twelve month low of $16.90 and a twelve month high of $34.91. The firm has a fifty day simple moving average of $29.20 and a 200 day simple moving average of $27.31.

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.