Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG) Short Interest Update

Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG) saw a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 5,689 shares, a drop of 44.7% from the May 31st total of 10,293 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 9,419 shares, the short-interest ratio is presently 0.6 days.

Institutional Investors Weigh In On Xtrackers MSCI USA Selection Equity ETF

A number of hedge funds and other institutional investors have recently modified their holdings of USSG. Flow Traders U.S. LLC acquired a new position in shares of Xtrackers MSCI USA Selection Equity ETF in the third quarter valued at about $6,443,000. JPMorgan Chase & Co. raised its stake in Xtrackers MSCI USA Selection Equity ETF by 96.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 12,275 shares of the company’s stock worth $698,000 after purchasing an additional 6,041 shares in the last quarter. Marshall Wace LLP acquired a new stake in Xtrackers MSCI USA Selection Equity ETF in the 2nd quarter worth about $230,000. Sunbelt Securities Inc. bought a new stake in Xtrackers MSCI USA Selection Equity ETF in the 3rd quarter valued at about $199,000. Finally, Millstone Evans Group LLC acquired a new position in shares of Xtrackers MSCI USA Selection Equity ETF during the 4th quarter worth approximately $65,000.

Xtrackers MSCI USA Selection Equity ETF Stock Performance

NYSEARCA:USSG traded up $0.10 during mid-day trading on Wednesday, hitting $69.56. 11,483 shares of the stock were exchanged, compared to its average volume of 19,214. The stock has a market capitalization of $570.39 million, a price-to-earnings ratio of 26.55 and a beta of 1.04. The firm’s 50-day simple moving average is $68.29 and its 200 day simple moving average is $64.91. Xtrackers MSCI USA Selection Equity ETF has a fifty-two week low of $56.58 and a fifty-two week high of $70.35.

Xtrackers MSCI USA Selection Equity ETF Company Profile

The Xtrackers MSCI USA ESG Leaders Equity ETF (USSG) is an exchange-traded fund that is based on the MSCI USA ESG Leaders index. The fund tracks a market cap-weighted index of US large- and mid-cap stocks, screened for environmental, social, and governance characteristics. USSG was launched on Mar 7, 2019 and is managed by Xtrackers.