Short Interest in SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) Declines By 56.6%

SPDR MSCI USA StrategicFactors ETF (NYSEARCA:QUS) was the recipient of a large decline in short interest during 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 currently 0.5 days. Currently, 0.2% of the company’s stock are short sold. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 31,673 shares, the days-to-cover ratio is currently 0.5 days.

SPDR MSCI USA StrategicFactors ETF Stock Down 1.3%

Shares of 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. SPDR MSCI USA StrategicFactors ETF has a 1-year low of $137.58 and a 1-year high of $180.31. The firm’s 50 day moving average is $176.06 and its 200-day moving average is $171.62. The stock has a market capitalization of $1.57 billion, a P/E ratio of 22.46 and a beta of 0.89.

Institutional Inflows and Outflows

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