Xtrackers MSCI USA Climate Action Equity ETF (NYSEARCA:USCA) Short Interest Down 93.6% in April

Xtrackers MSCI USA Climate Action Equity ETF (NYSEARCA:USCA) was the recipient of a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 985 shares, a decline of 93.6% from the April 15th total of 15,497 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 69,900 shares, the days-to-cover ratio is presently 0.0 days.

Xtrackers MSCI USA Climate Action Equity ETF Stock Performance

USCA stock traded up $0.15 during midday trading on Wednesday, reaching $43.67. The stock had a trading volume of 317 shares, compared to its average volume of 96,742. The firm has a fifty day simple moving average of $40.92 and a two-hundred day simple moving average of $41.41. Xtrackers MSCI USA Climate Action Equity ETF has a 52-week low of $30.90 and a 52-week high of $43.75. The stock has a market cap of $3.15 billion, a PE ratio of 24.78 and a beta of 0.99.

Institutional Investors Weigh In On Xtrackers MSCI USA Climate Action Equity ETF

A hedge fund recently bought a new stake in Xtrackers MSCI USA Climate Action Equity ETF stock. Flow Traders U.S. LLC purchased a new stake in Xtrackers MSCI USA Climate Action Equity ETF (NYSEARCA:USCA) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 241,549 shares of the company’s stock, valued at approximately $9,946,000. Flow Traders U.S. LLC owned about 0.31% of Xtrackers MSCI USA Climate Action Equity ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

About Xtrackers MSCI USA Climate Action Equity ETF

The Xtrackers MSCI USA Climate Action Equity ETF (USCA) is an exchange-traded fund that is based on the MSCI USA Climate Action index. The fund tracks a market cap-weighted index of large- and mid-cap US stocks, selected as a leader in their respective GICS sector for emphasizing climate-friendly objectives. The process screens securities based on ESG research from MSCI. USCA was launched on Apr 4, 2023 and is managed by Xtrackers.