Short Interest in USCF Dividend Income Fund (NYSEARCA:UDI) Declines By 77.2%

USCF Dividend Income Fund (NYSEARCA:UDIGet Free Report) was the recipient of a large decrease in short interest in the month of July. As of July 31st, there was short interest totaling 31 shares, a decrease of 77.2% from the July 15th total of 136 shares. Based on an average daily volume of 2,508 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

USCF Dividend Income Fund Trading Up 0.3%

NYSEARCA UDI traded up $0.10 during trading hours on Thursday, hitting $37.34. 902 shares of the company’s stock traded hands, compared to its average volume of 2,791. USCF Dividend Income Fund has a 52 week low of $30.26 and a 52 week high of $37.51. The firm has a market capitalization of $3.36 million, a P/E ratio of 14.93 and a beta of 0.66. The business’s fifty day moving average price is $36.18 and its two-hundred day moving average price is $34.90.

USCF Dividend Income Fund Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, July 29th. Stockholders of record on Monday, July 27th were paid a $0.133 dividend. This represents a c) annualized dividend and a dividend yield of 4.3%. This is an increase from USCF Dividend Income Fund’s previous monthly dividend of $0.07. The ex-dividend date of this dividend was Monday, July 27th.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in USCF Dividend Income Fund stock. Kestra Advisory Services LLC bought a new position in shares of USCF Dividend Income Fund (NYSEARCA:UDIFree Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 1,373 shares of the company’s stock, valued at approximately $44,000. Kestra Advisory Services LLC owned 0.60% of USCF Dividend Income Fund at the end of the most recent quarter.

USCF Dividend Income Fund Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for USCF Dividend Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for USCF Dividend Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.