SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) Stock Short Interest Drops 64.3%

SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS – Get Free Report) was the target of a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 1,374 shares, a drop of 64.3% from the September 15th total of 3,853 shares. Based on an average trading volume of 11,789 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Institutional Trading of SPDR MSCI USA StrategicFactors ETF

Hedge funds have recently modified their holdings of the stock. Harbor Investment Advisory LLC lifted its stake in SPDR MSCI USA StrategicFactors ETF by 0.9% in the first quarter. Harbor Investment Advisory LLC now owns 13,484 shares of the company’s stock worth $2,314,000 after acquiring an additional 115 shares during the last quarter. Prosperity Consulting Group LLC increased its position in SPDR MSCI USA StrategicFactors ETF by 12.5% during the first quarter. Prosperity Consulting Group LLC now owns 2,348 shares of the company’s stock worth $403,000 after buying an additional 261 shares during the period. Balance Wealth LLC lifted its stake in SPDR MSCI USA StrategicFactors ETF by 23.3% in the first quarter. Balance Wealth LLC now owns 2,590 shares of the company’s stock valued at $445,000 after buying an additional 490 shares during the last quarter. NewEdge Advisors LLC raised its holdings in shares of SPDR MSCI USA StrategicFactors ETF by 1.8% in the second quarter. NewEdge Advisors LLC now owns 38,014 shares of the company’s stock valued at $7,103,000 after buying an additional 659 shares during the last quarter. Finally, Western Wealth Management LLC purchased a new position in shares of SPDR MSCI USA StrategicFactors ETF during the first quarter worth about $173,000.

SPDR MSCI USA StrategicFactors ETF Price Performance

Shares of QUS stock traded up $0.68 during trading hours on Monday, hitting $195.64. The company had a trading volume of 1,710 shares, compared to its average volume of 23,393. The stock has a market capitalization of $1.59 billion, a PE ratio of 22.46 and a beta of 0.83. SPDR MSCI USA StrategicFactors ETF has a fifty-two week low of $167.85 and a fifty-two week high of $196.45. The company’s fifty day moving average is $193.35 and its 200 day moving average is $186.58.

About SPDR MSCI USA StrategicFactors ETF

(Get Free Report)

The SPDR MSCI USA StrategicFactors ETF (QUS) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of US large- and mid-cap stocks comprising three equally weighted subindexes with value, quality and minimum volatility factor strategies. QUS was launched on Apr 16, 2015 and is managed by State Street.

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