USCF Sustainable Commodity Strategy Fund (NYSEARCA:ZSC) Short Interest Update

USCF Sustainable Commodity Strategy Fund (NYSEARCA:ZSC) was the target of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 331 shares, a growth of 1,476.2% from the August 31st total of 21 shares. Based on an average daily volume of 150 shares, the short-interest ratio is presently 2.2 days. Currently, 0.3% of the company’s stock are sold short.

USCF Sustainable Commodity Strategy Fund Price Performance

NYSEARCA:ZSC traded down $0.18 during mid-day trading on Thursday, reaching $31.15. The stock had a trading volume of 1,026 shares, compared to its average volume of 438. The company has a market capitalization of $3.12 million, a price-to-earnings ratio of 14.66 and a beta of 0.25. USCF Sustainable Commodity Strategy Fund has a 1-year low of $25.16 and a 1-year high of $32.05. The stock’s 50 day simple moving average is $30.79 and its two-hundred day simple moving average is $30.22.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in USCF Sustainable Commodity Strategy Fund stock. Proficio Capital Partners LLC purchased a new stake in USCF Sustainable Commodity Strategy Fund (NYSEARCA:ZSC) in the second quarter, according to its most recent filing with the SEC. The fund purchased 809,665 shares of the company’s stock, valued at approximately $23,829,000. USCF Sustainable Commodity Strategy Fund comprises 0.9% of Proficio Capital Partners LLC’s portfolio, making the stock its 27th biggest position. Proficio Capital Partners LLC owned approximately 809.67% of USCF Sustainable Commodity Strategy Fund as of its most recent filing with the SEC.

USCF Sustainable Commodity Strategy Fund Company Profile

The USCF Sustainable Commodity Strategy Fund (ZSC) is an exchange-traded fund that mostly invests in broad market commodities. The fund actively invests in commodity derivatives economically tied to the agriculture, renewable energy and electrification industry. The three themes are expected to be equally weighted within the portfolio. ZSC was launched on Aug 9, 2023 and is issued by Marygold.