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

USCF Dividend Income Fund (NYSEARCA:UDI) saw a large decrease in short interest during the month of April. As of April 30th, there was short interest totaling 124 shares, a decrease of 89.3% from the April 15th total of 1,155 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 6,143 shares, the short-interest ratio is currently 0.0 days.

USCF Dividend Income Fund Stock Performance

Shares of UDI stock traded up $0.28 during trading hours on Tuesday, hitting $34.30. 138 shares of the company were exchanged, compared to its average volume of 4,017. USCF Dividend Income Fund has a one year low of $28.72 and a one year high of $34.94. The business’s 50-day simple moving average is $34.10 and its two-hundred day simple moving average is $33.00. The stock has a market capitalization of $7.55 million, a price-to-earnings ratio of 14.93 and a beta of 0.69.

USCF Dividend Income Fund Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, March 27th. Stockholders of record on Wednesday, March 25th were given a dividend of $0.1214 per share. The ex-dividend date of this dividend was Wednesday, March 25th. This is a positive change from USCF Dividend Income Fund’s previous monthly dividend of $0.02. This represents a c) annualized dividend and a dividend yield of 4.2%.

Hedge Funds Weigh In On USCF Dividend Income Fund

Several large investors have recently modified their holdings of the stock. Kestra Advisory Services LLC bought a new position in shares of USCF Dividend Income Fund during the fourth quarter worth about $44,000. Envestnet Portfolio Solutions Inc. lifted its position in shares of USCF Dividend Income Fund by 19.5% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 58,384 shares of the company’s stock worth $1,883,000 after purchasing an additional 9,521 shares during the last quarter. Finally, Walkner Condon Financial Advisors LLC bought a new position in shares of USCF Dividend Income Fund during the fourth quarter worth about $231,000.

About USCF Dividend Income Fund

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.