Short Interest in Xtrackers MSCI USA Climate Action Equity ETF (NYSEARCA:USCA) Increases By 62.7%

Xtrackers MSCI USA Climate Action Equity ETF (NYSEARCA:USCA) was the target of a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 1,603 shares, an increase of 62.7% from the April 30th total of 985 shares. Based on an average daily volume of 13,053 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Hedge Funds Weigh In On Xtrackers MSCI USA Climate Action Equity ETF

A hedge fund recently bought a new stake in Xtrackers MSCI USA Climate Action Equity ETF stock. Flow Traders U.S. LLC acquired a new stake in shares of Xtrackers MSCI USA Climate Action Equity ETF (NYSEARCA:USCA) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 241,549 shares of the company’s stock, valued at approximately $9,946,000. Flow Traders U.S. LLC owned about 0.31% of Xtrackers MSCI USA Climate Action Equity ETF as of its most recent SEC filing.

Xtrackers MSCI USA Climate Action Equity ETF Trading Down 0.8%

Shares of NYSEARCA USCA opened at $44.66 on Thursday. The stock has a fifty day simple moving average of $42.18 and a two-hundred day simple moving average of $41.66. Xtrackers MSCI USA Climate Action Equity ETF has a 1-year low of $37.19 and a 1-year high of $45.03. The firm has a market cap of $3.22 billion, a price-to-earnings 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.