Segall Bryant & Hamill Select Equity ETF (NYSEARCA:USSE) Short Interest Up 84.7% in May

Segall Bryant & Hamill Select Equity ETF (NYSEARCA:USSE) was the recipient of a significant growth in short interest in May. As of May 15th, there was short interest totaling 10,819 shares, a growth of 84.7% from the April 30th total of 5,858 shares. Based on an average daily trading volume, of 20,898 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.1% of the company’s stock are sold short.

Institutional Investors Weigh In On Segall Bryant & Hamill Select Equity ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Raymond James Financial Inc. purchased a new stake in shares of Segall Bryant & Hamill Select Equity ETF in the second quarter valued at $37,000. JPMorgan Chase & Co. purchased a new stake in shares of Segall Bryant & Hamill Select Equity ETF in the third quarter valued at $124,000. Susquehanna International Group LLP purchased a new stake in shares of Segall Bryant & Hamill Select Equity ETF in the third quarter valued at $210,000. Segall Bryant & Hamill LLC purchased a new stake in shares of Segall Bryant & Hamill Select Equity ETF in the first quarter valued at $713,000. Finally, Brooklyn Investment Group lifted its holdings in shares of Segall Bryant & Hamill Select Equity ETF by 187.0% in the third quarter. Brooklyn Investment Group now owns 74,545 shares of the company’s stock valued at $2,478,000 after purchasing an additional 48,569 shares in the last quarter.

Segall Bryant & Hamill Select Equity ETF Trading Up 0.5%

NYSEARCA:USSE opened at $39.79 on Tuesday. The firm has a market capitalization of $359.70 million, a PE ratio of 27.28 and a beta of 0.96. The stock has a 50 day moving average of $36.50 and a 200-day moving average of $34.83. Segall Bryant & Hamill Select Equity ETF has a 52 week low of $30.69 and a 52 week high of $39.96.

About Segall Bryant & Hamill Select Equity ETF

The Segall Bryant & Hamill Select Equity ETF (USSE) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that seeks long-term capital appreciation by investing in US companies of any size. Investments are managed based on quantitative analysis, fundamental research, and ESG practices, selecting companies believed to have the potential for superior returns. USSE was launched on Aug 29, 2023 and is issued by Segall Bryant & Hamill.