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

Xtrackers MSCI USA Climate Action Equity ETF (NYSEARCA:USCA) saw a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 1,358 shares, a decrease of 53.7% from the June 30th total of 2,932 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 601,832 shares, the short-interest ratio is presently 0.0 days.

Xtrackers MSCI USA Climate Action Equity ETF Stock Performance

Xtrackers MSCI USA Climate Action Equity ETF stock traded up $0.57 during mid-day trading on Thursday, hitting $43.73. 249 shares of the company traded hands, compared to its average volume of 110,555. Xtrackers MSCI USA Climate Action Equity ETF has a one year low of $37.88 and a one year high of $45.03. The stock has a market cap of $3.42 billion, a price-to-earnings ratio of 24.78 and a beta of 0.99. The stock has a fifty day moving average price of $43.96 and a 200-day moving average price of $42.25.

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.