MUSQ Global Music Industry Index ETF (NYSEARCA:MUSQ) Stock Short Interest Rises 82.7%

MUSQ Global Music Industry Index ETF (NYSEARCA:MUSQ) was the target of a large increase in short interest in September. As of September 15th, there was short interest totaling 895 shares, an increase of 82.7% from the August 31st total of 490 shares. Based on an average daily trading volume, of 217 shares, the short-interest ratio is presently 4.1 days. Approximately 0.1% of the shares of the stock are short sold.

MUSQ Global Music Industry Index ETF Trading Down 0.3%

Shares of NYSEARCA:MUSQ traded down $0.08 during trading on Tuesday, reaching $25.00. The company had a trading volume of 118 shares, compared to its average volume of 784. The company has a fifty day moving average of $25.42 and a two-hundred day moving average of $25.43. The stock has a market capitalization of $20.75 million, a P/E ratio of 29.04 and a beta of 0.87. MUSQ Global Music Industry Index ETF has a 12 month low of $23.22 and a 12 month high of $29.80.

About MUSQ Global Music Industry Index ETF

The MUSQ Global Music Industry ETF (MUSQ) is an exchange-traded fund that is based on the MUSQ Global Music Industry index. The fund selects and weights its holdings based on market capitalization, of companies tied to the global music industry. Components are publicly traded companies and royalty funds with a core business interest in the music industry. MUSQ was launched on Jul 6, 2023 and is managed by MUSQ.