Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG) Sees Significant Drop in Short Interest

Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG) saw a significant decrease in short interest in September. As of September 15th, there was short interest totaling 2,803 shares, a decrease of 50.4% from the August 31st total of 5,653 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 8,980 shares, the days-to-cover ratio is currently 0.3 days.

Xtrackers MSCI USA Selection Equity ETF Stock Up 0.4%

Shares of NYSEARCA:USSG traded up $0.32 during trading on Wednesday, hitting $71.73. The stock had a trading volume of 12,034 shares, compared to its average volume of 17,575. The company has a market capitalization of $588.23 million, a PE ratio of 26.55 and a beta of 1.04. The firm’s fifty day moving average is $71.19 and its 200 day moving average is $68.06. Xtrackers MSCI USA Selection Equity ETF has a 12 month low of $57.65 and a 12 month high of $72.96.

Hedge Funds Weigh In On Xtrackers MSCI USA Selection Equity ETF

An institutional investor recently bought a new stake in Xtrackers MSCI USA Selection Equity ETF stock. Cornerstone Planning Group LLC bought a new position in Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 557 shares of the company’s stock, valued at approximately $33,000.

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.