Short Interest in Xtrackers Russell US Multifactor ETF (NYSEARCA:DEUS) Drops By 41.8%

by · The Cerbat Gem

Xtrackers Russell US Multifactor ETF (NYSEARCA:DEUS – Get Free Report) was the target of a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 14,825 shares, a decrease of 41.8% from the April 15th total of 25,486 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average trading volume of 15,728 shares, the short-interest ratio is presently 0.9 days.

Hedge Funds Weigh In On Xtrackers Russell US Multifactor ETF

A number of large investors have recently bought and sold shares of the business. Ameriprise Financial Inc. raised its holdings in Xtrackers Russell US Multifactor ETF by 93.6% in the 3rd quarter. Ameriprise Financial Inc. now owns 335,885 shares of the company’s stock worth $19,500,000 after purchasing an additional 162,410 shares during the period. L & S Advisors Inc lifted its stake in Xtrackers Russell US Multifactor ETF by 4.1% in the 3rd quarter. L & S Advisors Inc now owns 37,716 shares of the company’s stock valued at $2,191,000 after buying an additional 1,471 shares in the last quarter. Finally, Flow Traders U.S. LLC purchased a new position in Xtrackers Russell US Multifactor ETF in the 2nd quarter valued at about $265,000.

Xtrackers Russell US Multifactor ETF Stock Performance

Shares of Xtrackers Russell US Multifactor ETF stock traded down $0.72 on Friday, hitting $62.70. The company’s stock had a trading volume of 1,529 shares, compared to its average volume of 23,564. The company has a market capitalization of $253.94 million, a price-to-earnings ratio of 18.40 and a beta of 0.88. Xtrackers Russell US Multifactor ETF has a 1 year low of $54.31 and a 1 year high of $63.85. The firm has a fifty day moving average price of $61.53 and a 200-day moving average price of $60.32.

About Xtrackers Russell US Multifactor ETF

(Get Free Report)

The Xtrackers Russell US Multifactor ETF (DEUS) is an exchange-traded fund that is based on the Russell 1000 Comprehensive Factor index. The fund selects and weights securities within the Russell 1000 by five different factors. DEUS was launched on Nov 24, 2015 and is managed by Xtrackers.

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