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

Segall Bryant & Hamill Select Equity ETF (NYSEARCA:USSE) saw a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 10,545 shares, a growth of 378.0% from the June 15th total of 2,206 shares. Based on an average trading volume of 37,164 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the shares of the stock are sold short.

Hedge Funds Weigh In On Segall Bryant & Hamill Select Equity ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Hantz Financial Services Inc. raised its holdings in Segall Bryant & Hamill Select Equity ETF by 2.5% during the 4th quarter. Hantz Financial Services Inc. now owns 8,222,702 shares of the company’s stock worth $276,283,000 after buying an additional 200,722 shares during the period. Raymond James Financial Inc. purchased a new stake in Segall Bryant & Hamill Select Equity ETF during the second quarter valued at about $37,000. Brooklyn Investment Group boosted its holdings in shares of Segall Bryant & Hamill Select Equity ETF by 40.8% in the fourth quarter. Brooklyn Investment Group now owns 104,942 shares of the company’s stock worth $3,562,000 after buying an additional 30,397 shares during the period. Susquehanna International Group LLP acquired a new position in shares of Segall Bryant & Hamill Select Equity ETF in the third quarter worth about $210,000. Finally, JPMorgan Chase & Co. purchased a new position in shares of Segall Bryant & Hamill Select Equity ETF in the third quarter worth approximately $124,000.

Segall Bryant & Hamill Select Equity ETF Stock Down 1.1%

USSE opened at $39.40 on Tuesday. The firm has a market cap of $350.66 million, a PE ratio of 27.28 and a beta of 0.94. The business has a fifty day simple moving average of $39.40 and a 200-day simple moving average of $36.24. Segall Bryant & Hamill Select Equity ETF has a fifty-two week low of $31.34 and a fifty-two week high of $40.93.

About Segall Bryant & Hamill Select Equity ETF

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.