Atlas America ETF (NASDAQ:USAF) Sees Significant Increase 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 trading volume of 5,473 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the company’s shares are short sold.

Atlas America ETF Price Performance

Shares of Atlas America ETF stock traded up $0.07 during trading on Thursday, hitting $28.50. The stock had a trading volume of 6,161 shares, compared to its average volume of 3,139. Atlas America ETF has a 12 month low of $26.62 and a 12 month high of $30.40. The firm’s fifty day simple moving average is $27.75 and its 200-day simple moving average is $27.65.

About Atlas America ETF

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.