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

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

Institutional Trading of USCF Daily Target 2X Copper Index ETF

An institutional investor recently bought a new position in USCF Daily Target 2X Copper Index ETF stock. Bank of New York Mellon Corp bought a new position in shares of USCF Daily Target 2X Copper Index ETF (NYSEARCA:CPXR) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 20,000 shares of the company’s stock, valued at approximately $497,000. Bank of New York Mellon Corp owned about 3.03% of USCF Daily Target 2X Copper Index ETF as of its most recent filing with the Securities and Exchange Commission.

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

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

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.