Xtrackers Russell US Multifactor ETF (NYSEARCA:DEUS) Sees Significant Drop in Short Interest

Xtrackers Russell US Multifactor ETF (NYSEARCA:DEUS) saw a large decline in short interest in February. As of February 13th, there was short interest totaling 2,399 shares, a decline of 81.7% from the January 29th total of 13,095 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 34,631 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 34,631 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are sold short.

Hedge Funds Weigh In On Xtrackers Russell US Multifactor ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Pinnacle Bancorp Inc. raised its holdings in shares of Xtrackers Russell US Multifactor ETF by 6.3% during the 3rd quarter. Pinnacle Bancorp Inc. now owns 4,250 shares of the company’s stock worth $247,000 after buying an additional 250 shares in the last quarter. Flow Traders U.S. LLC bought a new position in Xtrackers Russell US Multifactor ETF in the second quarter valued at about $265,000. L & S Advisors Inc grew its position in Xtrackers Russell US Multifactor ETF by 10.7% in the second quarter. L & S Advisors Inc now owns 36,245 shares of the company’s stock valued at $2,038,000 after acquiring an additional 3,515 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its stake in Xtrackers Russell US Multifactor ETF by 42.8% during the second quarter. Ameriprise Financial Inc. now owns 173,475 shares of the company’s stock worth $9,752,000 after acquiring an additional 51,977 shares in the last quarter.

Xtrackers Russell US Multifactor ETF Stock Performance

Shares of NYSEARCA DEUS traded up $0.02 during trading hours on Wednesday, hitting $62.93. 42,236 shares of the stock were exchanged, compared to its average volume of 27,971. The company’s fifty day simple moving average is $60.70 and its two-hundred day simple moving average is $58.81. The company has a market cap of $201.38 million, a PE ratio of 18.40 and a beta of 0.93. Xtrackers Russell US Multifactor ETF has a 1-year low of $47.62 and a 1-year high of $63.27.

About Xtrackers Russell US Multifactor ETF

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.