Segall Bryant & Hamill Select Equity ETF (NYSEARCA:USSE) Sees Large Growth in Short Interest

Segall Bryant & Hamill Select Equity ETF (NYSEARCA:USSE) saw a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 1,347 shares, a growth of 1,113.5% from the July 30th total of 111 shares. Based on an average daily trading volume, of 28,691 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

Segall Bryant & Hamill Select Equity ETF Stock Up 0.4%

USSE stock opened at $40.62 on Thursday. Segall Bryant & Hamill Select Equity ETF has a twelve month low of $31.56 and a twelve month high of $41.91. The stock has a market capitalization of $359.49 million, a price-to-earnings ratio of 27.28 and a beta of 0.95. The firm’s fifty day simple moving average is $40.08 and its two-hundred day simple moving average is $37.64.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Raymond James Financial Inc. purchased a new position in Segall Bryant & Hamill Select Equity ETF during the 2nd quarter valued at $37,000. JPMorgan Chase & Co. purchased a new stake in Segall Bryant & Hamill Select Equity ETF in the third quarter worth $124,000. Brooklyn Investment Group lifted its position in shares of Segall Bryant & Hamill Select Equity ETF by 187.0% during the third quarter. Brooklyn Investment Group now owns 74,545 shares of the company’s stock worth $2,478,000 after purchasing an additional 48,569 shares during the last quarter. Susquehanna International Group LLP purchased a new stake in shares of Segall Bryant & Hamill Select Equity ETF during the third quarter valued at $210,000. Finally, Hantz Financial Services Inc. boosted its stake in shares of Segall Bryant & Hamill Select Equity ETF by 2.5% during the fourth quarter. Hantz Financial Services Inc. now owns 8,222,702 shares of the company’s stock valued at $276,283,000 after purchasing an additional 200,722 shares during the period.

Segall Bryant & Hamill Select Equity ETF Company Profile

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.