Xtrackers MSCI USA Climate Action Equity ETF (NYSEARCA:USCA) Short Interest Update

Xtrackers MSCI USA Climate Action Equity ETF (NYSEARCA:USCA) was the target of a large growth in short interest in May. As of May 15th, there was short interest totaling 1,603 shares, a growth of 62.7% from the April 30th total of 985 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 13,053 shares, the short-interest ratio is currently 0.1 days.

Xtrackers MSCI USA Climate Action Equity ETF Stock Performance

Shares of USCA opened at $44.87 on Friday. The stock’s 50-day simple moving average is $42.29 and its 200 day simple moving average is $41.69. The stock has a market capitalization of $3.23 billion, a price-to-earnings ratio of 24.78 and a beta of 0.99. Xtrackers MSCI USA Climate Action Equity ETF has a 52-week low of $37.19 and a 52-week high of $45.03.

Hedge Funds Weigh In On Xtrackers MSCI USA Climate Action Equity ETF

An institutional investor recently bought a new position in Xtrackers MSCI USA Climate Action Equity ETF stock. Flow Traders U.S. LLC purchased a new position in shares of Xtrackers MSCI USA Climate Action Equity ETF (NYSEARCA:USCA) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm purchased 241,549 shares of the company’s stock, valued at approximately $9,946,000. Flow Traders U.S. LLC owned about 0.31% of Xtrackers MSCI USA Climate Action Equity ETF at the end of the most recent reporting period.

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.