Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG) Shares Shorted: Short Interest Up 68.3% in October

Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG – Get Free Report) was the recipient of a significant increase in short interest in October. As of October 15th, there was short interest totaling 4,695 shares, an increase of 68.3% from the September 30th total of 2,789 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 6,993 shares, the days-to-cover ratio is presently 0.7 days.

Hedge Funds Weigh In On Xtrackers MSCI USA Selection Equity ETF

Institutional investors have recently added to or reduced their stakes in the company. Cornerstone Planning Group LLC acquired a new stake in Xtrackers MSCI USA Selection Equity ETF in the first quarter valued at $33,000. Farther Finance Advisors LLC grew its position in shares of Xtrackers MSCI USA Selection Equity ETF by 30.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 4,606 shares of the company’s stock valued at $328,000 after acquiring an additional 1,088 shares during the period. Finally, One Capital Management LLC acquired a new position in shares of Xtrackers MSCI USA Selection Equity ETF during the 2nd quarter worth about $1,534,000.

Xtrackers MSCI USA Selection Equity ETF Stock Down 0.3%

NYSEARCA:USSG opened at $70.21 on Tuesday. The firm has a market capitalization of $568.70 million, a price-to-earnings ratio of 26.55 and a beta of 1.04. Xtrackers MSCI USA Selection Equity ETF has a twelve month low of $57.65 and a twelve month high of $73.29. The stock’s 50 day moving average price is $71.73 and its two-hundred day moving average price is $67.70.

About Xtrackers MSCI USA Selection Equity ETF

(Get Free Report)

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.

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