USCF Sustainable Battery Metals Strategy Fund (NYSEARCA:ZSB) Sees Large Drop in Short Interest

USCF Sustainable Battery Metals Strategy Fund (NYSEARCA:ZSB) was the target of a large decrease in short interest in August. As of August 14th, there was short interest totaling 23 shares, a decrease of 46.5% from the July 30th total of 43 shares. Based on an average daily trading volume, of 178 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

USCF Sustainable Battery Metals Strategy Fund Trading Up 0.5%

ZSB traded up $0.12 during trading hours on Monday, hitting $22.01. The company’s stock had a trading volume of 414 shares, compared to its average volume of 2,381. The company has a 50-day simple moving average of $21.87 and a 200 day simple moving average of $22.50. The firm has a market capitalization of $2.20 million, a PE ratio of 14.23 and a beta of 0.14. USCF Sustainable Battery Metals Strategy Fund has a fifty-two week low of $14.25 and a fifty-two week high of $25.47.

About USCF Sustainable Battery Metals Strategy Fund

The USCF Sustainable Battery Metals Strategy Fund (ZSB) is an exchange-traded fund that mostly invests in broad market commodities. The fund is an actively managed fund consisting of derivatives that provide exposure to various metals necessary for battery and electrification infrastructure. ZSB was launched on Jan 11, 2023 and is managed by USCF.