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

Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG) was the target of a large decline in short interest in September. As of September 15th, there was short interest totaling 2,803 shares, a decline of 50.4% from the August 31st total of 5,653 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 8,980 shares, the days-to-cover ratio is currently 0.3 days.

Xtrackers MSCI USA Selection Equity ETF Stock Down 0.3%

USSG traded down $0.24 during trading on Tuesday, hitting $71.42. 128,233 shares of the company’s stock were exchanged, compared to its average volume of 17,578. Xtrackers MSCI USA Selection Equity ETF has a fifty-two week low of $57.65 and a fifty-two week high of $72.96. The stock has a market cap of $585.64 million, a P/E ratio of 26.55 and a beta of 1.04. The business’s 50 day moving average is $71.14 and its two-hundred day moving average is $68.00.

Hedge Funds Weigh In On Xtrackers MSCI USA Selection Equity ETF

A hedge fund recently bought a new position in Xtrackers MSCI USA Selection Equity ETF stock. Cornerstone Planning Group LLC acquired a new position in Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 557 shares of the company’s stock, valued at approximately $33,000.

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.