Short Interest in Xtrackers Net Zero Pathway Paris Aligned US Equity ETF (NYSEARCA:USNZ) Increases By 503.3%

Xtrackers Net Zero Pathway Paris Aligned US Equity ETF (NYSEARCA:USNZ) saw a large growth in short interest in May. As of May 29th, there was short interest totaling 1,098 shares, a growth of 503.3% from the May 14th total of 182 shares. Based on an average daily volume of 364 shares, the days-to-cover ratio is presently 3.0 days. Currently, 0.0% of the shares of the company are sold short.

Xtrackers Net Zero Pathway Paris Aligned US Equity ETF Stock Performance

Shares of NYSEARCA:USNZ traded down $0.68 during trading on Wednesday, hitting $45.88. 7 shares of the stock were exchanged, compared to its average volume of 4,125. Xtrackers Net Zero Pathway Paris Aligned US Equity ETF has a 1-year low of $37.47 and a 1-year high of $48.25. The company has a market capitalization of $293.63 million, a price-to-earnings ratio of 24.99 and a beta of 1.03. The company’s fifty day simple moving average is $45.04 and its 200-day simple moving average is $43.62.

Xtrackers Net Zero Pathway Paris Aligned US Equity ETF Company Profile

The Xtrackers Net Zero Pathway Paris Aligned US Equity ETF (USNZ) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a tier-weighted index of large- and mid-cap US stocks selected and weighted based on ESG criteria that is aligned with the objectives of the Net Zero Investment Framework and the Paris Climate Agreement. USNZ was launched on Jun 28, 2022 and is managed by Xtrackers.