Xtrackers MSCI USA Climate Action Equity ETF (NYSEARCA:USCA) Sees Large Decrease in Short Interest

Xtrackers MSCI USA Climate Action Equity ETF (NYSEARCA:USCA) was the target of a significant decline in short interest in April. As of April 30th, there was short interest totaling 985 shares, a decline of 93.6% from the April 15th total of 15,497 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 69,900 shares, the short-interest ratio is presently 0.0 days.

Institutional Trading of Xtrackers MSCI USA Climate Action Equity ETF

An institutional investor recently bought a new position in Xtrackers MSCI USA Climate Action Equity ETF stock. Flow Traders U.S. LLC acquired a new position in shares of Xtrackers MSCI USA Climate Action Equity ETF (NYSEARCA:USCA) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 241,549 shares of the company’s stock, valued at approximately $9,946,000. Flow Traders U.S. LLC owned approximately 0.31% of Xtrackers MSCI USA Climate Action Equity ETF at the end of the most recent quarter.

Xtrackers MSCI USA Climate Action Equity ETF Stock Performance

USCA stock traded down $0.03 during trading on Monday, reaching $43.57. 519 shares of the company were exchanged, compared to its average volume of 97,358. The company has a market cap of $3.14 billion, a P/E ratio of 24.78 and a beta of 0.99. Xtrackers MSCI USA Climate Action Equity ETF has a 52-week low of $30.90 and a 52-week high of $43.65. The stock’s 50 day moving average price is $40.87 and its 200 day moving average price is $41.40.

Xtrackers MSCI USA Climate Action Equity ETF Company Profile

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.