United States Oil Fund, LP
ARCAUSO utilization hits 91.39%, down from 100% peak but near extremes; availability plunges to 0.8%, signaling acute borrow scarcity despite short covering.
USO has gained 28% in a month, yet the borrow market is nearly frozen — the tension between a collapsing short position and near-zero lending availability defines the setup this week. Short interest in the fund has…
USO enters September with a remarkable divergence: short sellers have continued their retreat even as the oil fund posts its strongest weekly gain in months, leaving the borrow market dramatically looser than it was…
Snapshot as of 20 Sept 2026
USO spent the week under pressure from both directions — crude oil retreating sharply while a massive short-covering event reshaped the lending landscape, yet options traders used the dip to add protection rather than…
Why this matters: USO is flashing a rare combination of signals. Short interest just dropped 27% in a single day. The put-call ratio hit its highest level in a year. Cost to borrow surged 134% in a week. Three distinct…
Short interest updated daily, real-time options flow, analyst consensus deltas, 13F positioning, ORTEX Alpha signals, and every article ORTEX publishes for USO — free to start on ORTEX.
Sign up for free →Open USO on ORTEX