USCF Midstream Energy Income Fund (NYSEARCA:UMI) Trading Down 0.1%

USCF Midstream Energy Income Fund (NYSEARCA:UMI) dropped 0.1% on Wednesday . The company traded as low as $42.35 and last traded at $42.35. Approximately 7,949 shares changed hands during mid-day trading, a decline of 50% from the average daily volume of 15,963 shares. The stock had previously closed at $42.37.

USCF Midstream Energy Income Fund Stock Performance

The stock has a market cap of $271.96 million, a PE ratio of 18.02 and a beta of 0.51. The stock has a fifty day simple moving average of $42.02 and a two-hundred day simple moving average of $40.17.

USCF Midstream Energy Income Fund Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, June 28th. Stockholders of record on Wednesday, June 26th were paid a dividend of $0.0459 per share. The ex-dividend date of this dividend was Wednesday, June 26th.

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.