Xtrackers MSCI USA Climate Action Equity ETF (NYSEARCA:USCA) Sees Large Decrease in Short Interest

Xtrackers MSCI USA Climate Action Equity ETF (NYSEARCA:USCA) saw a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 1,010 shares, a decrease of 38.5% from the August 15th total of 1,641 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 609 shares, the short-interest ratio is presently 1.7 days.

Xtrackers MSCI USA Climate Action Equity ETF Price Performance

USCA stock traded up $0.21 on Wednesday, reaching $45.13. 3,487 shares of the company traded hands, compared to its average volume of 93,772. The firm has a fifty day simple moving average of $45.00 and a 200-day simple moving average of $43.19. The company has a market cap of $3.53 billion, a P/E ratio of 24.78 and a beta of 0.99. Xtrackers MSCI USA Climate Action Equity ETF has a one year low of $37.88 and a one year high of $46.71.

Xtrackers MSCI USA Climate Action Equity ETF Company Profile

The Xtrackers MSCI USA Climate Action Equity ETF (USCA) is an exchange-traded fund that is based on the MSCI USA Climate Action index. The fund tracks a market cap-weighted index of large- and mid-cap US stocks, selected as a leader in their respective GICS sector for emphasizing climate-friendly objectives. The process screens securities based on ESG research from MSCI. USCA was launched on Apr 4, 2023 and is managed by Xtrackers.