United States 12 Month Oil Fund LP (NYSEARCA:USL) Stock Short Interest Report for October

United States 12 Month Oil Fund LP (NYSEARCA:USL) was the target of a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 55,422 shares, a growth of 148.5% from the September 30th total of 22,300 shares. Currently, 7.4% of the company’s stock are short sold. Based on an average daily trading volume, of 12,209 shares, the days-to-cover ratio is presently 4.5 days.

United States 12 Month Oil Fund Stock Up 1.1%

Shares of USL traded up $0.71 during midday trading on Friday, reaching $64.92. 2,387 shares of the stock were exchanged, compared to its average volume of 26,658. United States 12 Month Oil Fund has a twelve month low of $32.25 and a twelve month high of $65.36. The business’s 50-day moving average price is $57.40 and its 200 day moving average price is $49.36.

Institutional Investors Weigh In On United States 12 Month Oil Fund

A number of large investors have recently added to or reduced their stakes in USL. Greenfield Seitz Capital Management LLC boosted its stake in shares of United States 12 Month Oil Fund by 2.5% during the third quarter. Greenfield Seitz Capital Management LLC now owns 17,980 shares of the company’s stock valued at $1,026,000 after acquiring an additional 430 shares during the last quarter. Integrated Wealth Concepts LLC acquired a new position in United States 12 Month Oil Fund during the second quarter worth approximately $92,000. Farther Finance Advisors LLC boosted its holdings in shares of United States 12 Month Oil Fund by 67.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,045 shares of the company’s stock valued at $60,000 after purchasing an additional 420 shares during the last quarter. Finally, Continuum Advisory LLC acquired a new stake in shares of United States 12 Month Oil Fund during the 2nd quarter worth $43,000.

About United States 12 Month Oil Fund

The United States 12 Month Oil Fund, LP (USL) is an exchange-traded fund that is based on the 12 Month Light Sweet Crude Oil index. The fund tracks light, sweet crude oil spot prices using an average of the 12 nearest-month NYMEX WTI crude oil futures contracts. USL was launched on Dec 6, 2007 and is managed by US Commodity Funds.