Xtrackers MSCI USA Climate Action Equity ETF (NYSEARCA:USCA - Get Free Report) saw a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 6,203 shares, a growth of 81.7% from the February 12th total of 3,414 shares. Currently, 0.0% of the shares of the stock
The Xtrackers MSCI USA Climate Action Equity ETF may not be a timely addition due to the new administration's stance on climate policies. The USCA ETF aims to track the MSCI USA Climate Action Index, focusing on companies leading in climate transition and excluding controversial sectors. The MSCI USA Climate Action Index has outperformed the MSCI USA index by 73bps annually, with comparable risk data.