Short Interest in Xtrackers MSCI USA Climate Action Equity ETF (NYSEARCA:USCA) Increases By 81.7%

Xtrackers MSCI USA Climate Action Equity ETF (NYSEARCA:USCA) was the target of a large growth in short interest in February. As of February 27th, there was short interest totaling 6,203 shares, a growth of 81.7% from the February 12th total of 3,414 shares. Based on an average daily volume of 34,856 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 34,856 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Xtrackers MSCI USA Climate Action Equity ETF stock. Flow Traders U.S. LLC bought a new position in Xtrackers MSCI USA Climate Action Equity ETF (NYSEARCA:USCA) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 241,549 shares of the company’s stock, valued at approximately $9,946,000. Flow Traders U.S. LLC owned 0.31% of Xtrackers MSCI USA Climate Action Equity ETF at the end of the most recent quarter.

Xtrackers MSCI USA Climate Action Equity ETF Stock Performance

Shares of USCA opened at $39.75 on Friday. The stock has a 50 day simple moving average of $41.36 and a 200 day simple moving average of $41.38. Xtrackers MSCI USA Climate Action Equity ETF has a 52-week low of $30.90 and a 52-week high of $42.51. The firm has a market capitalization of $2.72 billion, a PE ratio of 24.78 and a beta of 1.00.

About Xtrackers MSCI USA Climate Action Equity ETF

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.