SPDR MSCI USA Climate Paris Aligned ETF (NASDAQ:NZUS) Sees Large Drop in Short Interest

SPDR MSCI USA Climate Paris Aligned ETF (NASDAQ:NZUS) was the target of a significant drop in short interest in the month of September. As of September 30th, there was short interest totaling 100 shares, a drop of 75.0% from the September 15th total of 400 shares. Based on an average daily volume of 400 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily volume of 400 shares, the days-to-cover ratio is presently 0.3 days.

SPDR MSCI USA Climate Paris Aligned ETF Stock Performance

NASDAQ NZUS opened at $35.07 on Friday. The firm has a 50 day simple moving average of $34.54 and a 200-day simple moving average of $32.31. SPDR MSCI USA Climate Paris Aligned ETF has a one year low of $26.06 and a one year high of $35.81. The firm has a market cap of $2.81 million, a price-to-earnings ratio of 31.50 and a beta of -1.10.

SPDR MSCI USA Climate Paris Aligned ETF Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Tuesday, September 2nd were paid a $0.0765 dividend. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a $0.31 annualized dividend and a dividend yield of 0.9%.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in SPDR MSCI USA Climate Paris Aligned ETF stock. Raymond James Financial Inc. purchased a new position in shares of SPDR MSCI USA Climate Paris Aligned ETF (NASDAQ:NZUS) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 3,736 shares of the company’s stock, valued at approximately $123,000. Raymond James Financial Inc. owned approximately 4.67% of SPDR MSCI USA Climate Paris Aligned ETF as of its most recent SEC filing.

About SPDR MSCI USA Climate Paris Aligned ETF

The SPDR MSCI USA Climate Paris Aligned ETF (NZUS) is an exchange-traded fund that is based on the MSCI USA Climate Paris Aligned index. The fund tracks a tier-weighted index of large- and mid-cap US stocks selected and weighted based on ESG criteria that are compatible with the Paris Climate Agreement and carbon reduction goals.