USCF Daily Target 2X Copper Index ETF (NYSEARCA:CPXR) Short Interest Update

USCF Daily Target 2X Copper Index ETF (NYSEARCA:CPXR) was the target of a significant decline in short interest in August. As of August 14th, there was short interest totaling 2,256 shares, a decline of 80.0% from the July 30th total of 11,275 shares. Currently, 0.5% of the company’s shares are short sold. Based on an average daily trading volume, of 12,640 shares, the days-to-cover ratio is presently 0.2 days.

USCF Daily Target 2X Copper Index ETF Stock Performance

Shares of NYSEARCA:CPXR traded down $0.46 during trading on Friday, reaching $31.86. The stock had a trading volume of 15,449 shares, compared to its average volume of 66,091. The business has a fifty day moving average price of $30.67 and a 200-day moving average price of $29.14. USCF Daily Target 2X Copper Index ETF has a fifty-two week low of $17.72 and a fifty-two week high of $34.91.

Hedge Funds 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 purchased a new position in USCF Daily Target 2X Copper Index ETF (NYSEARCA:CPXR) during the first quarter, according to its most recent Form 13F filing with the Securities and 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 about 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 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.