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

USCF Daily Target 2X Copper Index ETF (NYSEARCA:CPXR) was the recipient of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 19,242 shares, an increase of 1,045.4% from the August 31st total of 1,680 shares. Based on an average daily trading volume, of 18,461 shares, the short-interest ratio is currently 1.0 days. Approximately 4.4% of the shares of the company are sold short.

USCF Daily Target 2X Copper Index ETF Stock Performance

CPXR traded down $0.02 during trading on Friday, hitting $33.09. The stock had a trading volume of 4,711 shares, compared to its average volume of 60,963. USCF Daily Target 2X Copper Index ETF has a twelve month low of $19.13 and a twelve month high of $34.91. The company’s 50-day moving average price is $31.92 and its 200 day moving average price is $29.79.

Institutional Inflows and Outflows

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 stake in USCF Daily Target 2X Copper Index ETF (NYSEARCA:CPXR) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund 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 quarter.

About USCF Daily Target 2X Copper Index ETF

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.