Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG) Short Interest Down 25.2% in March

Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG) was the target of a significant drop in short interest in March. As of March 31st, there was short interest totaling 16,590 shares, a drop of 25.2% from the March 15th total of 22,178 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 57,153 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Investors Weigh In On Xtrackers MSCI USA Selection Equity ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Farther Finance Advisors LLC increased its holdings in Xtrackers MSCI USA Selection Equity ETF by 33.3% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,017 shares of the company’s stock worth $62,000 after acquiring an additional 254 shares during the last quarter. Millstone Evans Group LLC bought a new position in Xtrackers MSCI USA Selection Equity ETF during the fourth quarter worth about $65,000. Sunbelt Securities Inc. purchased a new position in shares of Xtrackers MSCI USA Selection Equity ETF in the third quarter worth about $199,000. Marshall Wace LLP purchased a new position in shares of Xtrackers MSCI USA Selection Equity ETF in the second quarter worth about $230,000. Finally, JPMorgan Chase & Co. raised its position in shares of 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 period.

Xtrackers MSCI USA Selection Equity ETF Stock Up 1.1%

Xtrackers MSCI USA Selection Equity ETF stock traded up $0.67 during trading hours on Wednesday, reaching $64.35. 6,027 shares of the company’s stock were exchanged, compared to its average volume of 24,213. The firm’s 50 day simple moving average is $62.07 and its 200 day simple moving average is $62.77. Xtrackers MSCI USA Selection Equity ETF has a twelve month low of $46.11 and a twelve month high of $65.43. The firm has a market capitalization of $526.38 million, a PE ratio of 26.55 and a beta of 1.03.

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.