USCF Sustainable Commodity Strategy Fund (NYSEARCA:ZSC) Stock Short Interest Climbs 1,476.2%
by Amy Steele · The Cerbat GemUSCF Sustainable Commodity Strategy Fund (NYSEARCA:ZSC – Get Free Report) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 331 shares, an increase 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. Approximately 0.3% of the shares of the company are sold short.
USCF Sustainable Commodity Strategy Fund Stock Down 0.6%
Shares of NYSEARCA:ZSC traded down $0.18 on Thursday, reaching $31.15. 1,026 shares of the company’s stock were exchanged, compared to its average volume of 438. The business’s 50-day moving average is $30.79 and its two-hundred day moving average is $30.22. USCF Sustainable Commodity Strategy Fund has a fifty-two week low of $25.16 and a fifty-two week high of $32.05. The firm has a market capitalization of $3.12 million, a price-to-earnings ratio of 14.66 and a beta of 0.25.
Institutional Investors 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 USCF Sustainable Commodity Strategy Fund (NYSEARCA:ZSC – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 809,665 shares of the company’s stock, valued at approximately $23,829,000. USCF Sustainable Commodity Strategy Fund comprises approximately 0.9% of Proficio Capital Partners LLC’s portfolio, making the stock its 27th largest position. Proficio Capital Partners LLC owned about 809.67% of USCF Sustainable Commodity Strategy Fund at the end of the most recent quarter.
About USCF Sustainable Commodity Strategy Fund
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.
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