Short Interest in USCF Sustainable Commodity Strategy Fund (NYSEARCA:ZSC) Drops By 71.8%

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

USCF Sustainable Commodity Strategy Fund Trading Up 0.0%

Shares of ZSC stock opened at $29.45 on Friday. USCF Sustainable Commodity Strategy Fund has a 1-year low of $23.13 and a 1-year high of $31.54. The stock has a market cap of $2.94 million, a price-to-earnings ratio of 14.66 and a beta of 0.22. The stock has a 50-day moving average of $30.35 and a 200-day moving average of $29.24.

Institutional Trading of USCF Sustainable Commodity Strategy Fund

An institutional investor recently raised its stake in USCF Sustainable Commodity Strategy Fund stock. Prime Capital Investment Advisors LLC grew its position in shares of USCF Sustainable Commodity Strategy Fund (NYSEARCA:ZSC) by 43.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 43,455 shares of the company’s stock after purchasing an additional 13,064 shares during the quarter. Prime Capital Investment Advisors LLC owned about 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.