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

USCF Sustainable Commodity Strategy Fund (NYSEARCA:ZSC) was the recipient of a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 87 shares, a drop of 71.8% from the May 31st total of 308 shares. Based on an average daily volume of 339 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the company’s shares are short sold.

USCF Sustainable Commodity Strategy Fund Stock Performance

NYSEARCA:ZSC traded up $0.01 during midday trading on Friday, reaching $29.45. 82 shares of the stock traded hands, compared to its average volume of 406. The company has a fifty day moving average of $30.35 and a 200 day moving average of $29.24. USCF Sustainable Commodity Strategy Fund has a 12 month low of $23.13 and a 12 month high of $31.54. The stock has a market capitalization of $2.94 million, a P/E ratio of 14.66 and a beta of 0.22.

Hedge Funds Weigh In On USCF Sustainable Commodity Strategy Fund

An institutional investor recently raised its position in USCF Sustainable Commodity Strategy Fund stock. Prime Capital Investment Advisors LLC lifted its position in shares of USCF Sustainable Commodity Strategy Fund (NYSEARCA:ZSC) by 43.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 43,455 shares of the company’s stock after purchasing an additional 13,064 shares during the period. Prime Capital Investment Advisors LLC owned 43.45% of USCF Sustainable Commodity Strategy Fund worth $1,218,000 as of its most recent SEC filing.

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.