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

Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG) was the target of a large drop in short interest in the month of February. As of February 13th, there was short interest totaling 20,764 shares, a drop of 30.7% from the January 29th total of 29,951 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 20,665 shares, the days-to-cover ratio is presently 1.0 days. Based on an average daily trading volume, of 20,665 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.2% of the company’s shares are short sold.

Xtrackers MSCI USA Selection Equity ETF Trading Up 0.2%

Shares of NYSEARCA USSG traded up $0.13 during midday trading on Monday, reaching $63.38. The company’s stock had a trading volume of 4,517 shares, compared to its average volume of 16,952. The stock has a 50 day simple moving average of $64.15 and a 200-day simple moving average of $62.44. Xtrackers MSCI USA Selection Equity ETF has a fifty-two week low of $44.10 and a fifty-two week high of $65.43. The stock has a market capitalization of $550.15 million, a price-to-earnings ratio of 26.55 and a beta of 1.03.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of USSG. Farther Finance Advisors LLC increased its stake in shares of Xtrackers MSCI USA Selection Equity ETF by 33.3% in the third quarter. Farther Finance Advisors LLC now owns 1,017 shares of the company’s stock valued at $62,000 after buying an additional 254 shares during the period. Millstone Evans Group LLC acquired a new stake in Xtrackers MSCI USA Selection Equity ETF in the fourth quarter worth $65,000. Sunbelt Securities Inc. bought a new stake in Xtrackers MSCI USA Selection Equity ETF in the 3rd quarter valued at about $199,000. Marshall Wace LLP bought a new stake in shares of Xtrackers MSCI USA Selection Equity ETF during the second quarter valued at approximately $230,000. Finally, JPMorgan Chase & Co. grew its holdings in shares of 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 during the last quarter.

Xtrackers MSCI USA Selection Equity ETF Company Profile

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.