Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG) Short Interest Down 25.2% in March

Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG) was the target of a significant decline in short interest in March. As of March 31st, there was short interest totaling 16,590 shares, a decline of 25.2% from the March 15th total of 22,178 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 57,153 shares, the days-to-cover ratio is presently 0.3 days.

Hedge Funds Weigh In On Xtrackers MSCI USA Selection Equity ETF

Several institutional investors have recently added to or reduced their stakes in the business. Farther Finance Advisors LLC boosted its stake in Xtrackers MSCI USA Selection Equity ETF by 33.3% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,017 shares of the company’s stock worth $62,000 after buying an additional 254 shares during the last quarter. Millstone Evans Group LLC purchased a new position in Xtrackers MSCI USA Selection Equity ETF during the fourth quarter worth approximately $65,000. Sunbelt Securities Inc. purchased a new position in Xtrackers MSCI USA Selection Equity ETF during the third quarter worth approximately $199,000. Marshall Wace LLP acquired a new position in shares of Xtrackers MSCI USA Selection Equity ETF in the 2nd quarter valued at $230,000. Finally, JPMorgan Chase & Co. boosted its holdings in shares of Xtrackers MSCI USA Selection Equity ETF by 96.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 12,275 shares of the company’s stock valued at $698,000 after purchasing an additional 6,041 shares during the last quarter.

Xtrackers MSCI USA Selection Equity ETF Stock Up 1.3%

Shares of USSG traded up $0.86 on Friday, hitting $65.37. 12,603 shares of the stock traded hands, compared to its average volume of 23,790. Xtrackers MSCI USA Selection Equity ETF has a 1 year low of $46.11 and a 1 year high of $65.55. The stock’s 50 day moving average is $62.13 and its two-hundred day moving average is $62.79. The firm has a market capitalization of $534.73 million, a P/E ratio of 26.55 and a beta of 1.03.

About Xtrackers MSCI USA Selection Equity ETF

The Xtrackers MSCI USA ESG Leaders Equity ETF (USSG) is an exchange-traded fund that is based on the MSCI USA ESG Leaders index. The fund tracks a market cap-weighted index of US large- and mid-cap stocks, screened for environmental, social, and governance characteristics. USSG was launched on Mar 7, 2019 and is managed by Xtrackers.