SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) Short Interest Down 56.6% in January

SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) saw a large decline in short interest in the month of January. As of January 30th, there was short interest totaling 14,771 shares, a decline of 56.6% from the January 15th total of 34,011 shares. Based on an average daily volume of 31,673 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.2% of the shares of the company are short sold. Approximately 0.2% of the shares of the company are short sold. Based on an average daily volume of 31,673 shares, the days-to-cover ratio is presently 0.5 days.

Hedge Funds Weigh In On SPDR MSCI USA StrategicFactors ETF

Several hedge funds have recently bought and sold shares of QUS. MMA Asset Management LLC purchased a new stake in SPDR MSCI USA StrategicFactors ETF in the 3rd quarter worth approximately $29,000. Cornerstone Planning Group LLC purchased a new position in shares of SPDR MSCI USA StrategicFactors ETF during the 3rd quarter valued at $38,000. Northwestern Mutual Wealth Management Co. bought a new position in shares of SPDR MSCI USA StrategicFactors ETF in the third quarter worth $40,000. Triumph Capital Management bought a new position in shares of SPDR MSCI USA StrategicFactors ETF in the third quarter worth $54,000. Finally, Empowered Funds LLC purchased a new stake in shares of SPDR MSCI USA StrategicFactors ETF in the fourth quarter worth $94,000.

SPDR MSCI USA StrategicFactors ETF Stock Performance

NYSEARCA QUS traded down $2.33 during trading hours on Thursday, hitting $177.56. The company had a trading volume of 21,285 shares, compared to its average volume of 26,248. The firm has a market capitalization of $1.57 billion, a price-to-earnings ratio of 22.46 and a beta of 0.89. SPDR MSCI USA StrategicFactors ETF has a 52 week low of $137.58 and a 52 week high of $180.31. The firm has a 50 day simple moving average of $176.06 and a 200 day simple moving average of $171.62.

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.