Xtrackers MSCI USA Climate Action Equity ETF (NYSEARCA:USCA) Sees Significant Drop in Short Interest

Xtrackers MSCI USA Climate Action Equity ETF (NYSEARCA:USCA) saw a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 1,010 shares, a decrease of 38.5% from the August 15th total of 1,641 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 609 shares, the short-interest ratio is currently 1.7 days.

Xtrackers MSCI USA Climate Action Equity ETF Price Performance

NYSEARCA USCA traded up $0.51 during midday trading on Thursday, hitting $45.29. 3,547 shares of the company traded hands, compared to its average volume of 93,773. Xtrackers MSCI USA Climate Action Equity ETF has a 52 week low of $37.88 and a 52 week high of $46.71. The company’s 50-day simple moving average is $45.01 and its 200-day simple moving average is $43.21. The company has a market cap of $3.54 billion, a PE ratio of 24.78 and a beta of 0.99.

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.