SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) Short Interest Down 61.1% in May

SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) was the recipient of a large decrease in short interest in May. As of May 29th, there was short interest totaling 10,544 shares, a decrease of 61.1% from the May 14th total of 27,109 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 14,144 shares, the short-interest ratio is presently 0.7 days.

Hedge Funds Weigh In On SPDR MSCI USA StrategicFactors ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. acquired a new position in shares of SPDR MSCI USA StrategicFactors ETF during the 3rd quarter valued at $40,000. Triumph Capital Management acquired a new position in shares of SPDR MSCI USA StrategicFactors ETF during the 3rd quarter valued at $54,000. Empowered Funds LLC acquired a new position in shares of SPDR MSCI USA StrategicFactors ETF during the 4th quarter valued at $94,000. Western Wealth Management LLC acquired a new position in shares of SPDR MSCI USA StrategicFactors ETF during the 1st quarter valued at $173,000. Finally, Maia Wealth LLC acquired a new position in shares of SPDR MSCI USA StrategicFactors ETF during the 3rd quarter valued at $203,000.

SPDR MSCI USA StrategicFactors ETF Trading Up 0.4%

QUS traded up $0.78 on Friday, reaching $185.35. The company had a trading volume of 13,688 shares, compared to its average volume of 28,912. The company has a fifty day moving average of $181.75 and a 200-day moving average of $177.80. The company has a market capitalization of $1.51 billion, a P/E ratio of 22.46 and a beta of 0.83. SPDR MSCI USA StrategicFactors ETF has a one year low of $157.69 and a one year high of $187.29.

SPDR MSCI USA StrategicFactors ETF Company Profile

The SPDR MSCI USA StrategicFactors ETF (QUS) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of US large- and mid-cap stocks comprising three equally weighted subindexes with value, quality and minimum volatility factor strategies. QUS was launched on Apr 16, 2015 and is managed by State Street.