USCF Sustainable Commodity Strategy Fund (NYSEARCA:ZSC) Stock Short Interest Rises 1,476.2%

USCF Sustainable Commodity Strategy Fund (NYSEARCA:ZSC) was the target of a large growth in short interest in 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 trading volume, of 150 shares, the days-to-cover ratio is presently 2.2 days. Approximately 0.3% of the company’s stock are short sold.

USCF Sustainable Commodity Strategy Fund Trading Up 0.1%

Shares of USCF Sustainable Commodity Strategy Fund stock opened at $31.18 on Friday. The firm has a market cap of $3.12 million, a P/E ratio of 14.66 and a beta of 0.25. USCF Sustainable Commodity Strategy Fund has a 12 month low of $25.24 and a 12 month high of $32.05. The stock’s fifty day moving average price is $30.81 and its 200-day moving average price is $30.23.

Hedge Funds Weigh In On USCF Sustainable Commodity Strategy Fund

An institutional investor recently bought a new stake in USCF Sustainable Commodity Strategy Fund stock. Proficio Capital Partners LLC bought a new position in shares of USCF Sustainable Commodity Strategy Fund (NYSEARCA:ZSC) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 809,665 shares of the company’s stock, valued at approximately $23,829,000. USCF Sustainable Commodity Strategy Fund accounts for about 0.9% of Proficio Capital Partners LLC’s investment portfolio, making the stock its 27th largest holding. Proficio Capital Partners LLC owned approximately 809.67% of USCF Sustainable Commodity Strategy Fund at the end of the most recent quarter.

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.