Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG) Sees Large Decrease in Short Interest

Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG) was the recipient of a large decrease in short interest during the month of October. As of October 30th, there was short interest totaling 494 shares, a decrease of 89.5% from the October 15th total of 4,695 shares. Based on an average daily volume of 9,808 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Xtrackers MSCI USA Selection Equity ETF Price Performance

Xtrackers MSCI USA Selection Equity ETF stock traded up $0.85 during midday trading on Wednesday, reaching $70.05. The company had a trading volume of 1,124 shares, compared to its average volume of 24,946. The company has a market capitalization of $568.84 million, a P/E ratio of 26.55 and a beta of 1.03. Xtrackers MSCI USA Selection Equity ETF has a 12-month low of $57.65 and a 12-month high of $73.29. The firm’s fifty day simple moving average is $71.42 and its 200-day simple moving average is $67.86.

Institutional Investors Weigh In On Xtrackers MSCI USA Selection Equity ETF

Large investors have recently bought and sold shares of the company. Farther Finance Advisors LLC lifted its position in shares of Xtrackers MSCI USA Selection Equity ETF by 30.9% in the third quarter. Farther Finance Advisors LLC now owns 4,606 shares of the company’s stock valued at $328,000 after acquiring an additional 1,088 shares in the last quarter. One Capital Management LLC acquired a new stake in shares of Xtrackers MSCI USA Selection Equity ETF in the second quarter worth approximately $1,534,000. Finally, Cornerstone Planning Group LLC purchased a new stake in shares of Xtrackers MSCI USA Selection Equity ETF during the first quarter worth approximately $33,000.

About Xtrackers MSCI USA Selection Equity ETF

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.