SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) Short Interest Up 31.3% in March

SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) was the recipient of a significant increase in short interest during the month of March. As of March 13th, there was short interest totaling 20,612 shares, an increase of 31.3% from the February 26th total of 15,695 shares. Based on an average daily volume of 28,055 shares, the short-interest ratio is presently 0.7 days. Currently, 0.2% of the company’s shares are short sold.

SPDR MSCI USA StrategicFactors ETF Stock Up 0.1%

NYSEARCA:QUS traded up $0.17 on Monday, hitting $168.50. The stock had a trading volume of 201,639 shares, compared to its average volume of 28,111. The stock has a market cap of $1.49 billion, a price-to-earnings ratio of 22.46 and a beta of 0.89. The company has a fifty day moving average price of $176.65 and a two-hundred day moving average price of $174.03. SPDR MSCI USA StrategicFactors ETF has a 1-year low of $137.58 and a 1-year high of $181.08.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Bank of America Corp DE increased its stake in SPDR MSCI USA StrategicFactors ETF by 94.7% during the second quarter. Bank of America Corp DE now owns 394,815 shares of the company’s stock worth $64,390,000 after acquiring an additional 192,062 shares during the last quarter. BIP Wealth LLC acquired a new position in shares of SPDR MSCI USA StrategicFactors ETF in the 4th quarter valued at $18,907,000. Great Point Wealth Advisors LLC acquired a new position in shares of SPDR MSCI USA StrategicFactors ETF in the 3rd quarter valued at $15,220,000. Focus Partners Wealth grew its holdings in shares of SPDR MSCI USA StrategicFactors ETF by 3.7% during the 3rd quarter. Focus Partners Wealth now owns 2,060,903 shares of the company’s stock worth $352,923,000 after purchasing an additional 74,333 shares during the period. Finally, Howard Capital Management Inc. grew its holdings in shares of SPDR MSCI USA StrategicFactors ETF by 85.0% during the 4th quarter. Howard Capital Management Inc. now owns 119,933 shares of the company’s stock worth $20,890,000 after purchasing an additional 55,112 shares during the period.

About SPDR MSCI USA StrategicFactors ETF

The SPDR MSCI USA StrategicFactors ETF (QUS) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of US large- and mid-cap stocks comprising three equally weighted subindexes with value, quality and minimum volatility factor strategies. QUS was launched on Apr 16, 2015 and is managed by State Street.