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 decline in short interest in the month of April. As of April 30th, there was short interest totaling 23,525 shares, a decline of 48.2% from the April 15th total of 45,457 shares. Based on an average daily volume of 17,597 shares, the days-to-cover ratio is presently 1.3 days. Currently, 3.6% of the company’s shares are sold short.

USCF Daily Target 2X Copper Index ETF Price Performance

USCF Daily Target 2X Copper Index ETF stock traded up $0.26 during trading on Monday, reaching $30.42. The company had a trading volume of 12,826 shares, compared to its average volume of 103,972. USCF Daily Target 2X Copper Index ETF has a 12-month low of $16.90 and a 12-month high of $34.91. The stock’s 50 day moving average price is $27.15 and its two-hundred day moving average price is $26.17.

Institutional Investors Weigh In On 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 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 filing with the Securities & 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 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.