USCF Daily Target 2X Copper Index ETF (NYSEARCA:CPXR) Short Interest Up 1,567.6% in June

USCF Daily Target 2X Copper Index ETF (NYSEARCA:CPXR) was the target of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 11,673 shares, an increase of 1,567.6% from the June 15th total of 700 shares. Approximately 2.5% of the company’s shares are short sold. Based on an average trading volume of 12,598 shares, the short-interest ratio is currently 0.9 days.

Institutional Inflows and Outflows

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 stake in shares of USCF Daily Target 2X Copper Index ETF (NYSEARCA:CPXR) in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor 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 reporting period.

USCF Daily Target 2X Copper Index ETF Price Performance

Shares of CPXR stock traded up $0.23 during mid-day trading on Friday, reaching $29.41. The stock had a trading volume of 3,869 shares, compared to its average volume of 79,904. The stock’s 50-day moving average price is $30.36 and its two-hundred day moving average price is $28.27. USCF Daily Target 2X Copper Index ETF has a 52-week low of $16.90 and a 52-week high of $34.91.

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.