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

Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSGGet Free Report) saw a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 5,689 shares, a drop of 44.7% from the May 31st total of 10,293 shares. Based on an average trading volume of 9,419 shares, the short-interest ratio is currently 0.6 days. Approximately 0.1% of the shares of the stock are sold short.

Institutional Trading of Xtrackers MSCI USA Selection Equity ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in USSG. Flow Traders U.S. LLC acquired a new position in shares of Xtrackers MSCI USA Selection Equity ETF in the third quarter valued at approximately $6,443,000. JPMorgan Chase & Co. lifted its position in Xtrackers MSCI USA Selection Equity ETF by 96.9% during the second quarter. JPMorgan Chase & Co. now owns 12,275 shares of the company’s stock valued at $698,000 after buying an additional 6,041 shares in the last quarter. Marshall Wace LLP purchased a new stake in Xtrackers MSCI USA Selection Equity ETF during the 2nd quarter worth $230,000. Sunbelt Securities Inc. purchased a new stake in shares of Xtrackers MSCI USA Selection Equity ETF in the third quarter worth about $199,000. Finally, Millstone Evans Group LLC acquired a new stake in Xtrackers MSCI USA Selection Equity ETF in the fourth quarter valued at approximately $65,000.

Xtrackers MSCI USA Selection Equity ETF Stock Performance

Xtrackers MSCI USA Selection Equity ETF stock opened at $69.20 on Friday. The stock’s fifty day moving average is $68.47 and its two-hundred day moving average is $64.99. Xtrackers MSCI USA Selection Equity ETF has a fifty-two week low of $56.61 and a fifty-two week high of $70.35. The firm has a market capitalization of $570.90 million, a price-to-earnings ratio of 26.55 and a beta of 1.04.

About Xtrackers MSCI USA Selection Equity ETF

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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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