Short Interest in Segall Bryant & Hamill Select Equity ETF (NYSEARCA:USSE) Decreases By 76.5%

Segall Bryant & Hamill Select Equity ETF (NYSEARCA:USSE) was the recipient of a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 2,540 shares, a drop of 76.5% from the May 14th total of 10,819 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 21,948 shares, the short-interest ratio is currently 0.1 days.

Segall Bryant & Hamill Select Equity ETF Price Performance

Shares of NYSEARCA:USSE traded up $0.21 during mid-day trading on Friday, reaching $39.87. 19,064 shares of the company were exchanged, compared to its average volume of 34,827. The firm has a market cap of $360.42 million, a price-to-earnings ratio of 27.28 and a beta of 0.96. The firm’s 50-day simple moving average is $37.69 and its 200 day simple moving average is $35.27. Segall Bryant & Hamill Select Equity ETF has a 1 year low of $30.69 and a 1 year high of $40.93.

Hedge Funds Weigh In On Segall Bryant & Hamill Select Equity ETF

Hedge funds have recently made changes to their positions in the stock. Raymond James Financial Inc. purchased a new position in shares of Segall Bryant & Hamill Select Equity ETF during the 2nd quarter worth approximately $37,000. JPMorgan Chase & Co. purchased a new position in shares of Segall Bryant & Hamill Select Equity ETF during the 3rd quarter worth approximately $124,000. Susquehanna International Group LLP purchased a new position in shares of Segall Bryant & Hamill Select Equity ETF during the 3rd quarter worth approximately $210,000. Segall Bryant & Hamill LLC purchased a new position in shares of Segall Bryant & Hamill Select Equity ETF during the 1st quarter worth approximately $713,000. Finally, Brooklyn Investment Group boosted its position in shares of Segall Bryant & Hamill Select Equity ETF by 187.0% during the 3rd quarter. Brooklyn Investment Group now owns 74,545 shares of the company’s stock worth $2,478,000 after purchasing an additional 48,569 shares during the period.

Segall Bryant & Hamill Select Equity ETF Company Profile

The Segall Bryant & Hamill Select Equity ETF (USSE) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that seeks long-term capital appreciation by investing in US companies of any size. Investments are managed based on quantitative analysis, fundamental research, and ESG practices, selecting companies believed to have the potential for superior returns. USSE was launched on Aug 29, 2023 and is issued by Segall Bryant & Hamill.