United States Brent Oil Fund LP ( (BNO) ) has issued an announcement.
The United States Brent Oil Fund, LP reported a challenging financial month ending August 31, 2024, with a net loss of $5,897,400 due to a mix of realized and unrealized trading losses, dividends, interest income, and transaction fees. Despite the losses, the fund’s net asset value increased to $215,593,798 by the end of the month, with net asset value per share reaching $29.94, influenced by additions and withdrawals of shares. The financial details, verified for accuracy by CFO Stuart P. Crumbaugh, are available on the fund’s website for interested investors.
For detailed information about BNO stock, go to TipRanks’ Stock Analysis page.
