United States Brent Oil Fund LP (NYSEARCA:BNO) Stock Short Interest Jumps 78.1%

United States Brent Oil Fund LP (NYSEARCA:BNO) saw a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 3,872,722 shares, an increase of 78.1% from the August 31st total of 2,173,917 shares. Based on an average daily volume of 2,179,233 shares, the short-interest ratio is presently 1.8 days. Approximately 30.6% of the shares of the company are sold short.

United States Brent Oil Fund Trading Up 2.2%

NYSEARCA:BNO traded up $1.31 during trading hours on Wednesday, reaching $60.06. The company had a trading volume of 1,189,743 shares, compared to its average volume of 3,423,810. United States Brent Oil Fund has a 52 week low of $27.14 and a 52 week high of $63.98. The firm’s 50 day moving average price is $54.19 and its 200-day moving average price is $51.25.

Institutional Trading of United States Brent Oil Fund

Hedge funds have recently bought and sold shares of the company. Integrated Wealth Concepts LLC lifted its holdings in United States Brent Oil Fund by 23.1% in the second quarter. Integrated Wealth Concepts LLC now owns 4,922 shares of the company’s stock valued at $200,000 after acquiring an additional 922 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new stake in shares of United States Brent Oil Fund during the 2nd quarter valued at about $456,000. Chemistry Wealth Management LLC bought a new position in shares of United States Brent Oil Fund in the 2nd quarter worth approximately $257,000. NewEdge Advisors LLC bought a new position in shares of United States Brent Oil Fund in the 1st quarter worth approximately $1,776,000. Finally, Royal Bank of Canada boosted its holdings in shares of United States Brent Oil Fund by 49.3% in the first quarter. Royal Bank of Canada now owns 5,974 shares of the company’s stock worth $310,000 after buying an additional 1,974 shares during the last quarter.

Key United States Brent Oil Fund News

Here are the key news stories impacting United States Brent Oil Fund this week:

• Positive Sentiment: Oil prices rebounded after recent losses as traders took profits and OPEC+ was expected to keep November production targets unchanged. The lack of additional supply increases supports Brent prices, while technical buying emerged near the 50-day moving average. Oil Rebounds as OPEC+ Plans to Keep Output Targets Unchanged
• Positive Sentiment: Analysts and major Wall Street banks raised oil-price forecasts, with Brent projected to average near $90 per barrel in 2026. Prolonged Gulf disruption and the risk of additional supply shocks related to the Iran conflict are supporting a higher risk premium. Analysts Raise 2026 Oil Forecasts on Prolonged Gulf Disruption
• Positive Sentiment: Although crude exports through the Strait of Hormuz have returned to prewar levels, refined-fuel shipments remain constrained. Continued uncertainty around regional infrastructure and shipping routes is limiting confidence that supply disruptions are fully resolved. Crude Oil Exports Through the Strait of Hormuz Hit Prewar Levels
• Neutral Sentiment: United States Brent Oil Fund reported strong August performance, but the update is largely backward-looking and has limited direct impact compared with current Brent futures pricing. United States Brent Oil Fund Reports Strong August Performance
• Negative Sentiment: U.S. commercial crude inventories unexpectedly increased, while Gulf exports were estimated to have recovered to roughly their 2025 average. Rising production in major U.S. oil-producing states and the planned release of 40 million barrels from the Strategic Petroleum Reserve could add supply and limit Brent’s upside. U.S. Crude Oil Stockpiles Jump

United States Brent Oil Fund Company Profile

The United States Brent Oil Fund, LP (BNO) is an exchange-traded fund that is based on the Front Month Brent Crude Oil index. The fund tracks the Brent oil spot price using near-month ICE futures contracts. BNO was launched on Jun 2, 2010 and is managed by US Commodity Funds.