Principal U.S. Mega-Cap ETF ( NASDAQ:USMC – Get Free Report ) was the target of a significant increase in short interest in the month of July. As of July 15th, there was short interest totalling 43,800 shares, an increase of 64.0% from the June 30th total of 26,700 shares. Based on an average trading volume of 29,000 shares, the days-to-cover ratio is presently 1.5 days. Hedge Funds Weigh In On Principal U.S. Mega-Cap ETF Several hedge funds have recently bought and sold shares of USMC. Principal Financial Group Inc.

https://www.dailypolitical.com/2023/07/29/principal-u-s-mega-cap-etf-nasdaqusmc-sees-significant-growth-in-short-interest.html

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