USCF Midstream Energy Income Fund (NYSEARCA:UMI – Get Free Report) was the target of a large increase in short interest in May. As of May 31st, there was short interest totalling 5,600 shares, an increase of 194.7% from the May 15th total of 1,900 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 18,800 shares, the days-to-cover ratio is presently 0.3 days.
USCF Midstream Energy Income Fund Stock Up 0.3%
UMI stock opened at $50.86 on Friday. USCF Midstream Energy Income Fund has a 12 month low of $40.32 and a 12 month high of $55.05. The firm has a 50 day moving average of $49.38 and a two-hundred day moving average of $50.56. The company has a market capitalization of $377.38 million, a price-to-earnings ratio of 18.47 and a beta of 0.72.
USCF Midstream Energy Income Fund Cuts Dividend
The business also recently announced a dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were given a dividend of $0.0516 per share. The ex-dividend date of this dividend was Tuesday, March 25th.
USCF Midstream Energy Income Fund Company Profile
The USCF Midstream Energy Income Fund (UMI) is an exchange-traded fund that mostly invests in energy equity. The fund holds an actively-managed portfolio of midstream energy infrastructure companies. The fund is income-focused and uses a fundamental approach that integrates ESG research. UMI was launched on Mar 24, 2021 and is managed by USCF Advisers.
Further Reading
- Five stocks we like better than USCF Midstream Energy Income Fund
- Investing in the High PE Growth Stocks
- Synopsys Stock Falls on China Ban, But Long-Term Outlook Holds
- Following Congress Stock Trades
- Alphabet Enters a Bull Market: Is It Time to Buy?
- What is a penny stock? A comprehensive guide
- Ouster Soars 27% as DoD Grants First 3D LiDAR Approval for Drones
Receive News & Ratings for USCF Midstream Energy Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for USCF Midstream Energy Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.