USCF Dividend Income Fund (NYSEARCA:UDI) Short Interest Down 77.2% in July

USCF Dividend Income Fund (NYSEARCA:UDI) saw a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 31 shares, a decline of 77.2% from the July 15th total of 136 shares. Based on an average daily volume of 2,508 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Institutional Investors Weigh In On USCF Dividend Income Fund

A hedge fund recently bought a new position in USCF Dividend Income Fund stock. Kestra Advisory Services LLC acquired a new stake in shares of USCF Dividend Income Fund (NYSEARCA:UDI) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,373 shares of the company’s stock, valued at approximately $44,000. Kestra Advisory Services LLC owned 0.60% of USCF Dividend Income Fund at the end of the most recent reporting period.

USCF Dividend Income Fund Stock Performance

UDI stock traded up $0.10 during trading on Thursday, hitting $37.34. 902 shares of the company’s stock traded hands, compared to its average volume of 2,791. USCF Dividend Income Fund has a 52 week low of $30.26 and a 52 week high of $37.51. The business has a fifty day simple moving average of $36.18 and a 200 day simple moving average of $34.90. The stock has a market capitalization of $3.36 million, a price-to-earnings ratio of 14.93 and a beta of 0.66.

USCF Dividend Income Fund Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, July 29th. Investors of record on Monday, July 27th were issued a $0.133 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend was Monday, July 27th. This is a positive change from USCF Dividend Income Fund’s previous monthly dividend of $0.07.

USCF Dividend Income Fund Company Profile

The USCF ESG Dividend Income Fund (UDI) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that primarily invests in US exchange-traded, dividend-paying companies that meet the funds financial and ESG criteria. UDI was launched on Jun 8, 2022 and is managed by USCF Advisers.