USCF Midstream Energy Income Fund (NYSEARCA:UMI – Get Free Report) was the recipient of a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 7,926 shares, a decline of 51.3% from the August 15th total of 16,268 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 22,457 shares, the short-interest ratio is currently 0.4 days.
USCF Midstream Energy Income Fund Trading Down 0.8%
Shares of USCF Midstream Energy Income Fund stock traded down $0.46 during trading hours on Tuesday, reaching $59.84. 5,309 shares of the company’s stock were exchanged, compared to its average volume of 31,052. USCF Midstream Energy Income Fund has a 52-week low of $47.74 and a 52-week high of $64.77. The firm has a market capitalization of $501.42 million, a price-to-earnings ratio of 18.78 and a beta of 0.57. The company has a fifty day moving average of $60.91 and a 200-day moving average of $59.33.
USCF Midstream Energy Income Fund Dividend Announcement
The firm also recently announced a monthly dividend, which was paid on Thursday, August 27th. Investors of record on Tuesday, August 25th were given a dividend of $0.4573 per share. The ex-dividend date was Tuesday, August 25th. This represents a c) annualized dividend and a yield of 9.2%.
Institutional Trading of USCF Midstream Energy Income Fund
About USCF Midstream Energy Income Fund
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.
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