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

Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG) was the target of a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 2,803 shares, a drop of 50.4% from the August 31st total of 5,653 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 8,980 shares, the days-to-cover ratio is currently 0.3 days.

Xtrackers MSCI USA Selection Equity ETF Trading Down 0.3%

Xtrackers MSCI USA Selection Equity ETF stock traded down $0.24 during midday trading on Tuesday, reaching $71.42. The stock had a trading volume of 128,233 shares, compared to its average volume of 17,578. The company has a fifty day moving average price of $71.14 and a two-hundred day moving average price of $68.00. Xtrackers MSCI USA Selection Equity ETF has a 12 month low of $57.65 and a 12 month high of $72.96. The company has a market capitalization of $585.64 million, a P/E ratio of 26.55 and a beta of 1.04.

Hedge Funds Weigh In On Xtrackers MSCI USA Selection Equity ETF

An institutional investor recently bought a new position in Xtrackers MSCI USA Selection Equity ETF stock. One Capital Management LLC bought a new position in shares of Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 22,078 shares of the company’s stock, valued at approximately $1,534,000. One Capital Management LLC owned 0.27% of Xtrackers MSCI USA Selection Equity ETF as of its most recent SEC filing.

About Xtrackers MSCI USA Selection Equity ETF

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.