Short Interest in Global X Adaptive U.S. Factor ETF (NYSEARCA:AUSF) Increases By 175.1%

Global X Adaptive U.S. Factor ETF (NYSEARCA:AUSF) was the target of a large growth in short interest in January. As of January 30th, there was short interest totaling 57,440 shares, a growth of 175.1% from the January 15th total of 20,881 shares. Based on an average daily trading volume, of 72,390 shares, the short-interest ratio is currently 0.8 days. Currently, 0.4% of the shares of the stock are short sold. Currently, 0.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 72,390 shares, the short-interest ratio is currently 0.8 days.

Global X Adaptive U.S. Factor ETF Price Performance

Shares of NYSEARCA AUSF traded up $0.39 during mid-day trading on Friday, hitting $49.90. 86,778 shares of the company’s stock traded hands, compared to its average volume of 68,833. Global X Adaptive U.S. Factor ETF has a 1 year low of $38.55 and a 1 year high of $50.10. The company’s 50-day moving average is $47.70 and its two-hundred day moving average is $46.36. The company has a market capitalization of $815.37 million, a P/E ratio of 13.73 and a beta of 0.76.

Global X Adaptive U.S. Factor ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, February 9th. Shareholders of record on Wednesday, February 4th were issued a $0.3073 dividend. The ex-dividend date of this dividend was Wednesday, February 4th. This is a positive change from Global X Adaptive U.S. Factor ETF’s previous quarterly dividend of $0.12. This represents a $1.23 annualized dividend and a yield of 2.5%.

Hedge Funds Weigh In On Global X Adaptive U.S. Factor ETF

A number of institutional investors have recently modified their holdings of AUSF. IFP Advisors Inc purchased a new position in Global X Adaptive U.S. Factor ETF during the second quarter valued at approximately $70,000. Envestnet Portfolio Solutions Inc. acquired a new stake in shares of Global X Adaptive U.S. Factor ETF in the second quarter valued at about $1,791,000. Atria Wealth Solutions Inc. purchased a new stake in shares of Global X Adaptive U.S. Factor ETF during the second quarter worth approximately $2,105,000. Harbour Investments Inc. acquired a new position in Global X Adaptive U.S. Factor ETF in the 2nd quarter valued at $1,285,000. Finally, Leavell Investment Management Inc. purchased a new position in Global X Adaptive U.S. Factor ETF in the 2nd quarter valued at $497,000.

About Global X Adaptive U.S. Factor ETF

The Global X Adaptive U.S. Factor ETF (AUSF) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of US large- and mid-cap stocks with exposure to value, momentum, and\u002For low volatility factors. Factor exposure is determined by the recent performance of each factor. AUSF was launched on Aug 24, 2018 and is managed by Global X.