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 significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 11,275 shares, an increase of 64.8% from the July 15th total of 6,843 shares. Based on an average daily trading volume, of 13,181 shares, the days-to-cover ratio is currently 0.9 days. Currently, 2.6% of the company’s shares are sold short.

Institutional Trading of USCF Daily Target 2X Copper Index ETF

An institutional investor recently bought a new stake in USCF Daily Target 2X Copper Index ETF stock. Bank of New York Mellon Corp bought a new stake in shares of USCF Daily Target 2X Copper Index ETF (NYSEARCA:CPXR) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 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 quarter.

USCF Daily Target 2X Copper Index ETF Price Performance

Shares of CPXR stock traded up $0.03 on Monday, reaching $32.56. 25,515 shares of the company’s stock were exchanged, compared to its average volume of 68,822. The company’s fifty day simple moving average is $30.47 and its 200 day simple moving average is $28.92. USCF Daily Target 2X Copper Index ETF has a 52 week low of $17.02 and a 52 week high of $34.91.

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.