USCF Dividend Income Fund (NYSEARCA:UDI) Short Interest Update

USCF Dividend Income Fund (NYSEARCA:UDI) was the target of a large growth in short interest in July. As of July 15th, there was short interest totaling 136 shares, a growth of 61.9% from the June 30th total of 84 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 313 shares, the short-interest ratio is presently 0.4 days.

USCF Dividend Income Fund Stock Performance

Shares of NYSEARCA:UDI traded up $0.03 during trading on Friday, reaching $36.91. 913 shares of the stock were exchanged, compared to its average volume of 2,939. The firm’s 50-day moving average price is $35.84 and its 200 day moving average price is $34.65. The firm has a market cap of $3.32 million, a price-to-earnings ratio of 14.93 and a beta of 0.67. USCF Dividend Income Fund has a 12-month low of $29.59 and a 12-month high of $37.51.

USCF Dividend Income Fund Increases Dividend

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

Institutional Investors Weigh In On USCF Dividend Income Fund

Several institutional investors have recently bought and sold shares of the business. Kestra Advisory Services LLC purchased a new position in shares of USCF Dividend Income Fund in the 4th quarter valued at $44,000. Envestnet Portfolio Solutions Inc. lifted its holdings in shares of USCF Dividend Income Fund by 19.5% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 58,384 shares of the company’s stock valued at $1,883,000 after acquiring an additional 9,521 shares in the last quarter. Finally, Walkner Condon Financial Advisors LLC purchased a new stake in USCF Dividend Income Fund during the 4th quarter worth $231,000.

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.