Xtrackers S&P 500 Scored & Screened ETF (NYSEARCA:SNPE) Sees Large Decline in Short Interest

Xtrackers S&P 500 Scored & Screened ETF (NYSEARCA:SNPE) was the recipient of a large decline in short interest during the month of May. As of May 31st, there was short interest totalling 31,200 shares, a decline of 85.6% from the May 15th total of 217,200 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 401,100 shares, the days-to-cover ratio is currently 0.1 days.

Xtrackers S&P 500 Scored & Screened ETF Trading Down 1.3%

NYSEARCA SNPE opened at $53.20 on Friday. The company has a fifty day simple moving average of $50.74 and a 200 day simple moving average of $52.31. The company has a market cap of $1.75 billion, a P/E ratio of 22.84 and a beta of 1.03. Xtrackers S&P 500 Scored & Screened ETF has a 1 year low of $43.43 and a 1 year high of $55.62.

Institutional Investors Weigh In On Xtrackers S&P 500 Scored & Screened ETF

Several hedge funds have recently modified their holdings of SNPE. AdvisorNet Financial Inc boosted its holdings in Xtrackers S&P 500 Scored & Screened ETF by 67.0% in the 1st quarter. AdvisorNet Financial Inc now owns 2,376 shares of the company’s stock valued at $120,000 after purchasing an additional 953 shares during the period. MJT & Associates Financial Advisory Group Inc. bought a new stake in shares of Xtrackers S&P 500 Scored & Screened ETF in the first quarter valued at about $140,000. Financial Gravity Asset Management Inc. acquired a new stake in Xtrackers S&P 500 Scored & Screened ETF during the first quarter worth about $154,000. Abound Financial LLC bought a new position in Xtrackers S&P 500 Scored & Screened ETF during the fourth quarter valued at about $239,000. Finally, Farther Finance Advisors LLC acquired a new position in Xtrackers S&P 500 Scored & Screened ETF in the 1st quarter valued at approximately $282,000.

Xtrackers S&P 500 Scored & Screened ETF Company Profile

The Xtrackers S&P 500 ESG ETF (SNPE) is an exchange-traded fund that is based on the S&P 500 ESG index. The fund tracks a principles-selected, market cap-weighted index of US large-cap securities. SNPE was launched on Jun 26, 2019 and is managed by Xtrackers.