Short Interest in Xtrackers MSCI USA Climate Action Equity ETF (NYSEARCA:USCA) Drops By 38.5%

Xtrackers MSCI USA Climate Action Equity ETF (NYSEARCA:USCA) saw a large decrease in short interest during 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. Based on an average daily volume of 609 shares, the days-to-cover ratio is currently 1.7 days. Currently, 0.0% of the company’s shares are short sold.

Xtrackers MSCI USA Climate Action Equity ETF Price Performance

Shares of USCA traded down $0.20 during trading hours on Friday, hitting $45.15. 554 shares of the stock were exchanged, compared to its average volume of 92,728. Xtrackers MSCI USA Climate Action Equity ETF has a fifty-two week low of $37.88 and a fifty-two week high of $46.71. The business has a 50-day moving average of $45.03 and a 200-day moving average of $43.25. The firm has a market capitalization of $3.53 billion, a P/E 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.