Short Interest in SPDR MSCI USA Climate Paris Aligned ETF (NASDAQ:NZUS) Declines By 91.5%

SPDR MSCI USA Climate Paris Aligned ETF (NASDAQ:NZUS) was the recipient of a significant decrease in short interest in the month of March. As of March 13th, there was short interest totaling 25 shares, a decrease of 91.5% from the February 26th total of 295 shares. Based on an average daily volume of 222 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are sold short. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 222 shares, the days-to-cover ratio is currently 0.1 days.

SPDR MSCI USA Climate Paris Aligned ETF Trading Up 0.0%

NZUS stock traded up $0.00 during trading on Tuesday, reaching $33.15. 2 shares of the stock were exchanged, compared to its average volume of 786. The business has a 50 day moving average price of $34.53 and a 200-day moving average price of $35.21. SPDR MSCI USA Climate Paris Aligned ETF has a 1 year low of $26.06 and a 1 year high of $36.56. The firm has a market capitalization of $2.65 million, a price-to-earnings ratio of 31.50 and a beta of 1.05.

SPDR MSCI USA Climate Paris Aligned ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were issued a dividend of $0.0551 per share. The ex-dividend date was Monday, March 2nd. This represents a $0.22 dividend on an annualized basis and a dividend yield of 0.7%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in SPDR MSCI USA Climate Paris Aligned ETF stock. Raymond James Financial Inc. acquired a new position in SPDR MSCI USA Climate Paris Aligned ETF (NASDAQ:NZUS) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 3,736 shares of the company’s stock, valued at approximately $123,000. Raymond James Financial Inc. owned 4.67% of SPDR MSCI USA Climate Paris Aligned ETF as of its most recent filing with the Securities & Exchange Commission.

About SPDR MSCI USA Climate Paris Aligned ETF

The SPDR MSCI USA Climate Paris Aligned ETF (NZUS) is an exchange-traded fund that is based on the MSCI USA Climate Paris Aligned index. The fund tracks a tier-weighted index of large- and mid-cap US stocks selected and weighted based on ESG criteria that are compatible with the Paris Climate Agreement and carbon reduction goals. NZUS was launched on Apr 21, 2022 and is managed by State Street.