Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG) Short Interest Up 170.6% in July

Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG) was the target of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 21,189 shares, a growth of 170.6% from the June 30th total of 7,831 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average trading volume of 12,438 shares, the days-to-cover ratio is presently 1.7 days.

Xtrackers MSCI USA Selection Equity ETF Price Performance

USSG stock traded down $0.56 during midday trading on Wednesday, reaching $67.55. 9,241 shares of the company were exchanged, compared to its average volume of 18,447. Xtrackers MSCI USA Selection Equity ETF has a one year low of $57.46 and a one year high of $70.35. The firm has a market capitalization of $553.91 million, a price-to-earnings ratio of 26.55 and a beta of 1.04. The business has a 50-day moving average price of $69.02 and a two-hundred day moving average price of $65.64.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Cornerstone Planning Group LLC bought a new stake in shares of Xtrackers MSCI USA Selection Equity ETF during the first quarter worth approximately $33,000. Millstone Evans Group LLC acquired a new position in Xtrackers MSCI USA Selection Equity ETF in the 4th quarter valued at $65,000. Sunbelt Securities Inc. acquired a new position in Xtrackers MSCI USA Selection Equity ETF in the 3rd quarter valued at $199,000. Marshall Wace LLP acquired a new position in Xtrackers MSCI USA Selection Equity ETF in the 2nd quarter valued at $230,000. Finally, JPMorgan Chase & Co. increased its position 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 worth $698,000 after buying an additional 6,041 shares during the period.

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.