Segall Bryant & Hamill Select Equity ETF (NYSEARCA:USSE) Sees Significant Growth in Short Interest

Segall Bryant & Hamill Select Equity ETF (NYSEARCA:USSE) saw a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 10,545 shares, an increase of 378.0% from the June 15th total of 2,206 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 37,164 shares, the short-interest ratio is currently 0.3 days.

Segall Bryant & Hamill Select Equity ETF Price Performance

USSE stock traded down $0.17 during mid-day trading on Friday, reaching $39.83. The company had a trading volume of 28,220 shares, compared to its average volume of 34,574. The company has a market capitalization of $354.49 million, a PE ratio of 27.28 and a beta of 0.94. The firm has a 50 day moving average of $39.37 and a 200 day moving average of $36.19. Segall Bryant & Hamill Select Equity ETF has a 12 month low of $31.34 and a 12 month high of $40.93.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Hantz Financial Services Inc. increased its holdings in Segall Bryant & Hamill Select Equity ETF by 2.5% during the 4th quarter. Hantz Financial Services Inc. now owns 8,222,702 shares of the company’s stock worth $276,283,000 after purchasing an additional 200,722 shares during the period. JPMorgan Chase & Co. bought a new stake in Segall Bryant & Hamill Select Equity ETF during the 3rd quarter valued at $124,000. Brooklyn Investment Group lifted its holdings in shares of Segall Bryant & Hamill Select Equity ETF by 40.8% in the 4th quarter. Brooklyn Investment Group now owns 104,942 shares of the company’s stock worth $3,562,000 after buying an additional 30,397 shares during the period. Segall Bryant & Hamill LLC purchased a new stake in shares of Segall Bryant & Hamill Select Equity ETF in the 1st quarter worth $713,000. Finally, Susquehanna International Group LLP bought a new position in shares of Segall Bryant & Hamill Select Equity ETF during the 3rd quarter worth $210,000.

About Segall Bryant & Hamill Select Equity ETF

The Segall Bryant & Hamill Select Equity ETF (USSE) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that seeks long-term capital appreciation by investing in US companies of any size. Investments are managed based on quantitative analysis, fundamental research, and ESG practices, selecting companies believed to have the potential for superior returns. USSE was launched on Aug 29, 2023 and is issued by Segall Bryant & Hamill.