Xtrackers Semiconductor Select Equity ETF (NASDAQ:CHPS) Sees Large Increase in Short Interest

Xtrackers Semiconductor Select Equity ETF (NASDAQ:CHPS) was the recipient of a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 11,880 shares, a growth of 132.9% from the April 30th total of 5,100 shares. Currently, 1.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 34,558 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Trading of Xtrackers Semiconductor Select Equity ETF

An institutional investor recently raised its position in Xtrackers Semiconductor Select Equity ETF stock. Cornerstone Planning Group LLC grew its stake in Xtrackers Semiconductor Select Equity ETF (NASDAQ:CHPS) by 9,687.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 13,801 shares of the company’s stock after acquiring an additional 13,660 shares during the period. Cornerstone Planning Group LLC owned 4.93% of Xtrackers Semiconductor Select Equity ETF worth $550,000 as of its most recent filing with the Securities and Exchange Commission.

Xtrackers Semiconductor Select Equity ETF Price Performance

Shares of NASDAQ:CHPS traded down $0.67 during trading on Friday, reaching $92.02. The stock had a trading volume of 37,892 shares, compared to its average volume of 23,875. The stock has a market capitalization of $82.82 million, a PE ratio of 27.07 and a beta of 2.12. Xtrackers Semiconductor Select Equity ETF has a 52 week low of $29.45 and a 52 week high of $94.65. The business’s 50-day moving average price is $70.01 and its 200 day moving average price is $57.83.

Xtrackers Semiconductor Select Equity ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Friday, March 20th were paid a $0.0543 dividend. The ex-dividend date of this dividend was Friday, March 20th. This represents a $0.22 dividend on an annualized basis and a yield of 0.2%.

Xtrackers Semiconductor Select Equity ETF Company Profile

The Xtrackers Semiconductor Select Equity ETF (CHPS) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks a market cap-weighted index of the companies involved semiconductor industry globally. The index screens securities based on various ESG criteria provided by Sustainalytics. CHPS was launched on Jul 13, 2023 and is issued by Xtrackers.