The United States Oil Fund LP (USO) reported a significant week-over-week outflow of approximately $270 million, marking a 13.8% decrease in shares outstanding, from 13,723,603 to 11,823,603. This data highlights notable investor sentiment shifts concerning oil investments as of the current week.
USO’s 52-week performance shows a low point of $65.985 per share and a high of $154.08, with the last trade recorded at $145.06. This volatility reflects ongoing changes in market conditions and investor behavior within the ETF sector.
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