Xtrackers Net Zero Pathway Paris Aligned US Equity ETF (NYSEARCA:USNZ) Sees Significant Growth in Short Interest

Xtrackers Net Zero Pathway Paris Aligned US Equity ETF (NYSEARCA:USNZ) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 488 shares, an increase of 214.8% from the August 15th total of 155 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 580 shares, the days-to-cover ratio is presently 0.8 days.

Xtrackers Net Zero Pathway Paris Aligned US Equity ETF Stock Performance

Shares of USNZ stock traded up $0.44 during trading hours on Friday, reaching $48.50. The company had a trading volume of 126 shares, compared to its average volume of 2,758. The business has a fifty day moving average price of $48.10 and a 200-day moving average price of $45.76. Xtrackers Net Zero Pathway Paris Aligned US Equity ETF has a one year low of $38.98 and a one year high of $49.26. The firm has a market cap of $298.27 million, a PE ratio of 24.99 and a beta of 1.03.

About Xtrackers Net Zero Pathway Paris Aligned US Equity ETF

The Xtrackers Net Zero Pathway Paris Aligned US Equity ETF (USNZ) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a tier-weighted index of large- and mid-cap US stocks selected and weighted based on ESG criteria that is aligned with the objectives of the Net Zero Investment Framework and the Paris Climate Agreement. USNZ was launched on Jun 28, 2022 and is managed by Xtrackers.