Segall Bryant & Hamill Select Equity ETF (NYSEARCA:USSE) Short Interest Up 436.0% in April

Segall Bryant & Hamill Select Equity ETF (NYSEARCA:USSE) saw a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 5,858 shares, an increase of 436.0% from the April 15th total of 1,093 shares. Based on an average daily trading volume, of 22,465 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the shares of the company are short sold.

Segall Bryant & Hamill Select Equity ETF Stock Performance

USSE stock traded up $0.29 during mid-day trading on Thursday, hitting $39.26. The company had a trading volume of 29,791 shares, compared to its average volume of 37,576. The firm has a market cap of $354.91 million, a PE ratio of 27.28 and a beta of 0.96. Segall Bryant & Hamill Select Equity ETF has a 12 month low of $30.36 and a 12 month high of $39.31. The stock’s fifty day moving average price is $35.34 and its two-hundred day moving average price is $34.39.

Hedge Funds Weigh In On Segall Bryant & Hamill Select Equity ETF

Several institutional investors have recently bought and sold shares of the company. Raymond James Financial Inc. purchased a new stake in Segall Bryant & Hamill Select Equity ETF in the second quarter worth $37,000. Hantz Financial Services Inc. lifted its position in shares of Segall Bryant & Hamill Select Equity ETF by 1.3% during the 3rd quarter. Hantz Financial Services Inc. now owns 8,021,980 shares of the company’s stock valued at $266,651,000 after buying an additional 100,820 shares during the last quarter. JPMorgan Chase & Co. bought a new position in shares of Segall Bryant & Hamill Select Equity ETF during the 3rd quarter worth $124,000. Brooklyn Investment Group increased its holdings in Segall Bryant & Hamill Select Equity ETF by 187.0% in the 3rd quarter. Brooklyn Investment Group now owns 74,545 shares of the company’s stock worth $2,478,000 after acquiring an additional 48,569 shares during the last quarter. Finally, Susquehanna International Group LLP purchased a new stake in Segall Bryant & Hamill Select Equity ETF in the 3rd quarter worth about $210,000.

About Segall Bryant & Hamill Select Equity ETF

The Segall Bryant & Hamill Select Equity ETF (USSE) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that seeks long-term capital appreciation by investing in US companies of any size. Investments are managed based on quantitative analysis, fundamental research, and ESG practices, selecting companies believed to have the potential for superior returns. USSE was launched on Aug 29, 2023 and is issued by Segall Bryant & Hamill.