tiprankstipranks
Company Announcements

United States Gasoline Fund Reports August 2024 Financial Losses

Pick the best stocks and maximize your portfolio:

United States Gasoline Fund LP ( (UGA) ) has issued an announcement.

The United States Gasoline Fund, LP, has released its monthly financial performance for August 2024, revealing a net loss of $7,449,721. This figure is the culmination of both realized and unrealized losses on commodity futures, offset slightly by income from dividends and interest. The fund’s net asset value saw a significant decrease from the beginning of the month, closing at $96,468,208, which equates to a net asset value per share of $62.24. This information, considered accurate by the CFO, is available for investors to review on the fund’s website.

Find detailed analytics on UGA stock on TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskUnited States Gasoline Fund Reports Strong October Gains
TipRanks Auto-Generated NewsdeskUnited States Gasoline Fund Reports September 2024 Loss
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App