USCF Daily Target 2X Copper Index ETF (NYSEARCA:CPXR) Sees Significant Decrease in Short Interest

USCF Daily Target 2X Copper Index ETF (NYSEARCA:CPXR) was the recipient of a large decline in short interest during the month of September. As of September 30th, there was short interest totaling 6,701 shares, a decline of 65.2% from the September 15th total of 19,242 shares. Based on an average daily trading volume, of 13,365 shares, the short-interest ratio is presently 0.5 days. Approximately 1.5% of the company’s stock are sold short.

USCF Daily Target 2X Copper Index ETF Trading Up 1.6%

Shares of USCF Daily Target 2X Copper Index ETF stock traded up $0.51 during trading hours on Monday, reaching $32.93. 6,804 shares of the company’s stock were exchanged, compared to its average volume of 58,011. The company has a 50 day moving average of $32.12 and a two-hundred day moving average of $30.25. USCF Daily Target 2X Copper Index ETF has a fifty-two week low of $20.75 and a fifty-two week high of $34.91.

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 purchased a new stake in USCF Daily Target 2X Copper Index ETF (NYSEARCA:CPXR) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 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 as of its most recent SEC filing.

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.