Xtrackers MSCI USA Climate Action Equity ETF (NYSEARCA:USCA) Short Interest Down 38.8% in January

Xtrackers MSCI USA Climate Action Equity ETF (NYSEARCA:USCA) was the target of a significant decrease in short interest in the month of January. As of January 15th, there was short interest totaling 1,337 shares, a decrease of 38.8% from the December 31st total of 2,183 shares. Based on an average daily volume of 12,919 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 12,919 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Xtrackers MSCI USA Climate Action Equity ETF stock. Flow Traders U.S. LLC bought a new position in shares of Xtrackers MSCI USA Climate Action Equity ETF (NYSEARCA:USCA) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 241,549 shares of the company’s stock, valued at approximately $9,946,000. Flow Traders U.S. LLC owned about 0.31% of Xtrackers MSCI USA Climate Action Equity ETF at the end of the most recent reporting period.

Xtrackers MSCI USA Climate Action Equity ETF Trading Down 0.2%

USCA stock traded down $0.09 during mid-day trading on Friday, hitting $41.85. The stock had a trading volume of 1,325,055 shares, compared to its average volume of 79,503. The firm has a fifty day simple moving average of $41.95 and a 200 day simple moving average of $41.10. The firm has a market capitalization of $2.92 billion, a P/E ratio of 24.78 and a beta of 1.00. Xtrackers MSCI USA Climate Action Equity ETF has a 52 week low of $30.90 and a 52 week high of $42.51.

About Xtrackers MSCI USA Climate Action Equity ETF

The Xtrackers MSCI USA Climate Action Equity ETF (USCA) is an exchange-traded fund that is based on the MSCI USA Climate Action index. The fund tracks a market cap-weighted index of large- and mid-cap US stocks, selected as a leader in their respective GICS sector for emphasizing climate-friendly objectives. The process screens securities based on ESG research from MSCI. USCA was launched on Apr 4, 2023 and is managed by Xtrackers.