MUSQ Global Music Industry Index ETF (NYSEARCA:MUSQ) Short Interest Update

MUSQ Global Music Industry Index ETF (NYSEARCA:MUSQ) saw a large increase in short interest in September. As of September 15th, there was short interest totaling 895 shares, an increase of 82.7% from the August 31st total of 490 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 217 shares, the days-to-cover ratio is currently 4.1 days.

MUSQ Global Music Industry Index ETF Price Performance

MUSQ stock traded down $0.18 during midday trading on Thursday, reaching $24.54. The company had a trading volume of 249 shares, compared to its average volume of 781. The company has a market capitalization of $20.37 million, a price-to-earnings ratio of 29.04 and a beta of 0.87. The stock has a 50 day moving average price of $25.39 and a 200-day moving average price of $25.41. MUSQ Global Music Industry Index ETF has a 1-year low of $23.22 and a 1-year high of $29.80.

MUSQ Global Music Industry Index ETF Company Profile

The MUSQ Global Music Industry ETF (MUSQ) is an exchange-traded fund that is based on the MUSQ Global Music Industry index. The fund selects and weights its holdings based on market capitalization, of companies tied to the global music industry. Components are publicly traded companies and royalty funds with a core business interest in the music industry. MUSQ was launched on Jul 6, 2023 and is managed by MUSQ.