Atlas America ETF (NASDAQ:USAF) Sees Significant Growth in Short Interest

Atlas America ETF (NASDAQ:USAF) was the target of a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 737 shares, an increase of 205.8% from the July 30th total of 241 shares. Based on an average daily volume of 5,473 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s shares are sold short.

Atlas America ETF Price Performance

Shares of NASDAQ:USAF traded up $0.07 during trading on Thursday, hitting $28.50. The company had a trading volume of 6,161 shares, compared to its average volume of 3,139. The company has a fifty day simple moving average of $27.75 and a two-hundred day simple moving average of $27.65. Atlas America ETF has a one year low of $26.62 and a one year high of $30.40.

Atlas America ETF Company Profile

The Atlas America Fund (USAF) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund with exposure to several asset classes in the US and alternative strategies. It seeks stable returns that have low correlations to other portfolio securities. USAF was launched on Nov 19, 2024 and is issued by Atlas.