USCF Daily Target 2X Copper Index ETF (NYSEARCA:CPXR) Short Interest Down 41.4% in July

USCF Daily Target 2X Copper Index ETF (NYSEARCA:CPXR) was the target of a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 6,843 shares, a decrease of 41.4% from the June 30th total of 11,673 shares. Based on an average daily trading volume, of 9,340 shares, the days-to-cover ratio is presently 0.7 days. Approximately 1.5% of the company’s stock are short sold.

USCF Daily Target 2X Copper Index ETF Price Performance

CPXR opened at $31.82 on Friday. USCF Daily Target 2X Copper Index ETF has a 12-month low of $16.90 and a 12-month high of $34.91. The business’s fifty day simple moving average is $30.27 and its 200-day simple moving average is $28.62.

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 stake in shares of USCF Daily Target 2X Copper Index ETF (NYSEARCA:CPXR) during the first quarter, according to the company in its most recent Form 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 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 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.