SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) Stock Short Interest Jumps 107.4%

SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) was the recipient of a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 3,853 shares, an increase of 107.4% from the August 31st total of 1,858 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 11,726 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Trading of SPDR MSCI USA StrategicFactors ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. NewEdge Advisors LLC boosted its holdings in SPDR MSCI USA StrategicFactors ETF by 1.8% in the 2nd quarter. NewEdge Advisors LLC now owns 38,014 shares of the company’s stock worth $7,103,000 after buying an additional 659 shares during the period. Corient Private Wealth LP lifted its position in shares of SPDR MSCI USA StrategicFactors ETF by 84.6% during the second quarter. Corient Private Wealth LP now owns 5,081 shares of the company’s stock worth $949,000 after acquiring an additional 2,328 shares in the last quarter. Continuum Advisory LLC lifted its position in shares of SPDR MSCI USA StrategicFactors ETF by 2.2% during the second quarter. Continuum Advisory LLC now owns 75,092 shares of the company’s stock worth $14,032,000 after acquiring an additional 1,589 shares in the last quarter. Spinnaker Investment Group LLC bought a new position in shares of SPDR MSCI USA StrategicFactors ETF in the second quarter worth $760,000. Finally, Midwest Financial Network LLC boosted its holdings in shares of SPDR MSCI USA StrategicFactors ETF by 17.3% in the second quarter. Midwest Financial Network LLC now owns 25,439 shares of the company’s stock worth $4,754,000 after acquiring an additional 3,750 shares during the period.

SPDR MSCI USA StrategicFactors ETF Trading Down 0.0%

Shares of QUS stock traded down $0.09 on Tuesday, hitting $191.02. 12,706 shares of the stock were exchanged, compared to its average volume of 23,913. The firm has a market capitalization of $1.56 billion, a PE ratio of 22.46 and a beta of 0.83. SPDR MSCI USA StrategicFactors ETF has a one year low of $167.85 and a one year high of $196.45. The firm’s 50 day moving average is $192.62 and its two-hundred day moving average is $185.49.

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.