SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) Short Interest Down 72.0% in March
by Sarita Garza · The Markets DailySPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS – Get Free Report) was the recipient of a significant drop in short interest during the month of March. As of March 31st, there was short interest totaling 5,774 shares, a drop of 72.0% from the March 15th total of 20,612 shares. Based on an average trading volume of 50,020 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are sold short.
SPDR MSCI USA StrategicFactors ETF Trading Down 0.8%
NYSEARCA QUS traded down $1.36 during trading hours on Friday, reaching $175.77. The company’s stock had a trading volume of 250,519 shares, compared to its average volume of 35,000. The business has a 50-day simple moving average of $176.12 and a 200 day simple moving average of $174.26. SPDR MSCI USA StrategicFactors ETF has a 52 week low of $144.07 and a 52 week high of $181.08. The stock has a market cap of $1.46 billion, a PE ratio of 22.46 and a beta of 0.86.
Hedge Funds Weigh In On SPDR MSCI USA StrategicFactors ETF
A number of large investors have recently bought and sold shares of QUS. MMA Asset Management LLC bought a new stake in shares of SPDR MSCI USA StrategicFactors ETF during the third quarter valued at approximately $29,000. Cornerstone Planning Group LLC acquired a new stake in SPDR MSCI USA StrategicFactors ETF in the 3rd quarter valued at approximately $38,000. Northwestern Mutual Wealth Management Co. acquired a new stake in SPDR MSCI USA StrategicFactors ETF in the 3rd quarter valued at approximately $40,000. Triumph Capital Management acquired a new stake in SPDR MSCI USA StrategicFactors ETF in the 3rd quarter valued at approximately $54,000. Finally, Empowered Funds LLC acquired a new stake in SPDR MSCI USA StrategicFactors ETF in the 4th quarter valued at approximately $94,000.
SPDR MSCI USA StrategicFactors ETF Company Profile
The SPDR MSCI USA StrategicFactors ETF (QUS) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of US large- and mid-cap stocks comprising three equally weighted subindexes with value, quality and minimum volatility factor strategies. QUS was launched on Apr 16, 2015 and is managed by State Street.