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

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

MUSQ Global Music Industry Index ETF Stock Up 0.7%

NYSEARCA MUSQ traded up $0.18 during trading on Friday, hitting $25.61. The stock had a trading volume of 16 shares, compared to its average volume of 855. The company has a market capitalization of $21.51 million, a PE ratio of 29.04 and a beta of 0.86. The firm has a 50 day moving average price of $25.41 and a 200 day moving average price of $25.70. MUSQ Global Music Industry Index ETF has a twelve month low of $23.22 and a twelve month high of $30.45.

About MUSQ Global Music Industry Index ETF

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.