Short Interest in Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG) Declines By 44.7%

Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG) was the target of a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 5,689 shares, a decline of 44.7% from the May 31st total of 10,293 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 9,419 shares, the short-interest ratio is presently 0.6 days.

Institutional Trading of Xtrackers MSCI USA Selection Equity ETF

Several large investors have recently modified their holdings of the stock. JPMorgan Chase & Co. increased its position in shares of Xtrackers MSCI USA Selection Equity ETF by 96.9% in the second quarter. JPMorgan Chase & Co. now owns 12,275 shares of the company’s stock worth $698,000 after purchasing an additional 6,041 shares during the period. Marshall Wace LLP acquired a new position in Xtrackers MSCI USA Selection Equity ETF in the second quarter valued at about $230,000. Flow Traders U.S. LLC bought a new stake in Xtrackers MSCI USA Selection Equity ETF during the third quarter worth about $6,443,000. Sunbelt Securities Inc. bought a new stake in Xtrackers MSCI USA Selection Equity ETF during the third quarter worth about $199,000. Finally, Millstone Evans Group LLC bought a new stake in Xtrackers MSCI USA Selection Equity ETF during the fourth quarter worth about $65,000.

Xtrackers MSCI USA Selection Equity ETF Price Performance

NYSEARCA:USSG traded up $0.10 during trading hours on Wednesday, reaching $69.56. 11,483 shares of the company were exchanged, compared to its average volume of 19,214. The business has a 50 day moving average of $68.29 and a 200 day moving average of $64.91. Xtrackers MSCI USA Selection Equity ETF has a 1-year low of $56.58 and a 1-year high of $70.35. The company has a market capitalization of $570.39 million, a P/E ratio of 26.55 and a beta of 1.04.

Xtrackers MSCI USA Selection Equity ETF Company Profile

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.