Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG) Sees Significant Drop 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 February. As of February 13th, there was short interest totaling 20,764 shares, a decrease of 30.7% from the January 29th total of 29,951 shares. Based on an average daily volume of 20,665 shares, the short-interest ratio is currently 1.0 days. Currently, 0.2% of the shares of the stock are sold short. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 20,665 shares, the short-interest ratio is currently 1.0 days.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in USSG. Farther Finance Advisors LLC boosted its stake in Xtrackers MSCI USA Selection Equity ETF by 33.3% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,017 shares of the company’s stock worth $62,000 after purchasing an additional 254 shares during the last quarter. Millstone Evans Group LLC purchased a new position in shares of Xtrackers MSCI USA Selection Equity ETF in the fourth quarter worth about $65,000. Sunbelt Securities Inc. acquired a new position in Xtrackers MSCI USA Selection Equity ETF during the third quarter worth about $199,000. Marshall Wace LLP purchased a new stake in Xtrackers MSCI USA Selection Equity ETF during the 2nd quarter valued at about $230,000. Finally, JPMorgan Chase & Co. grew its stake in Xtrackers MSCI USA Selection Equity ETF by 96.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 12,275 shares of the company’s stock valued at $698,000 after acquiring an additional 6,041 shares in the last quarter.

Xtrackers MSCI USA Selection Equity ETF Price Performance

USSG stock traded down $0.75 during trading on Tuesday, hitting $62.67. The stock had a trading volume of 30,663 shares, compared to its average volume of 17,387. Xtrackers MSCI USA Selection Equity ETF has a twelve month low of $44.10 and a twelve month high of $65.43. The company’s 50-day moving average price is $64.11 and its two-hundred day moving average price is $62.49. The stock has a market capitalization of $543.98 million, a P/E ratio of 26.55 and a beta of 1.03.

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.