Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG) Sees Large Drop in Short Interest

Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG) was the recipient of a large decrease in short interest during the month of February. As of February 13th, there was short interest totaling 20,764 shares, a decrease of 30.7% from the January 29th total of 29,951 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 20,665 shares, the short-interest ratio is presently 1.0 days. Based on an average daily trading volume, of 20,665 shares, the short-interest ratio is presently 1.0 days. Currently, 0.2% of the shares of the stock are short sold.

Xtrackers MSCI USA Selection Equity ETF Stock Performance

NYSEARCA:USSG traded down $0.39 during mid-day trading on Friday, reaching $63.25. The stock had a trading volume of 20,667 shares, compared to its average volume of 17,286. Xtrackers MSCI USA Selection Equity ETF has a one year low of $44.10 and a one year high of $65.43. The firm has a 50 day moving average price of $64.15 and a two-hundred day moving average price of $62.42. The stock has a market capitalization of $549.01 million, a P/E ratio of 26.55 and a beta of 1.03.

Institutional Trading of Xtrackers MSCI USA Selection Equity ETF

Hedge funds have recently added to or reduced their stakes in the business. Farther Finance Advisors LLC grew its stake in shares of Xtrackers MSCI USA Selection Equity ETF by 33.3% during the third quarter. Farther Finance Advisors LLC now owns 1,017 shares of the company’s stock valued at $62,000 after buying an additional 254 shares during the last quarter. Millstone Evans Group LLC purchased a new stake in Xtrackers MSCI USA Selection Equity ETF during the 4th quarter valued at about $65,000. Sunbelt Securities Inc. bought a new position in Xtrackers MSCI USA Selection Equity ETF during the 3rd quarter worth approximately $199,000. Marshall Wace LLP purchased a new position in Xtrackers MSCI USA Selection Equity ETF in the 2nd quarter worth approximately $230,000. Finally, JPMorgan Chase & Co. lifted its position in Xtrackers MSCI USA Selection Equity ETF by 96.9% in the second quarter. JPMorgan Chase & Co. now owns 12,275 shares of the company’s stock valued at $698,000 after purchasing an additional 6,041 shares during the last quarter.

Xtrackers MSCI USA Selection Equity ETF Company Profile

The Xtrackers MSCI USA ESG Leaders Equity ETF (USSG) is an exchange-traded fund that is based on the MSCI USA ESG Leaders index. The fund tracks a market cap-weighted index of US large- and mid-cap stocks, screened for environmental, social, and governance characteristics. USSG was launched on Mar 7, 2019 and is managed by Xtrackers.