MUSQ Global Music Industry Index ETF (NYSEARCA:MUSQ) Short Interest Update

MUSQ Global Music Industry Index ETF (NYSEARCA:MUSQ) was the recipient of a large decrease in short interest in the month of August. As of August 14th, there was short interest totaling 475 shares, a decrease of 54.5% from the July 30th total of 1,044 shares. Based on an average trading volume of 779 shares, the short-interest ratio is currently 0.6 days. Currently, 0.1% of the shares of the company are sold short.

MUSQ Global Music Industry Index ETF Stock Performance

MUSQ stock remained flat at $25.61 during midday trading on Monday. The company had a trading volume of 16 shares, compared to its average volume of 855. The firm has a 50-day simple moving average of $25.41 and a two-hundred day simple moving average of $25.69. MUSQ Global Music Industry Index ETF has a one year low of $23.22 and a one year high of $30.45. The firm has a market cap of $21.51 million, a PE ratio of 29.04 and a beta of 0.86.

MUSQ Global Music Industry Index ETF Company Profile

The MUSQ Global Music Industry ETF (MUSQ) is an exchange-traded fund that is based on the MUSQ Global Music Industry index. The fund selects and weights its holdings based on market capitalization, of companies tied to the global music industry. Components are publicly traded companies and royalty funds with a core business interest in the music industry. MUSQ was launched on Jul 6, 2023 and is managed by MUSQ.