Short Interest in Xtrackers Russell US Multifactor ETF (NYSEARCA:DEUS) Expands By 940.0%

Xtrackers Russell US Multifactor ETF (NYSEARCA:DEUS) was the recipient of a significant increase in short interest during the month of February. As of February 27th, there was short interest totaling 24,949 shares, an increase of 940.0% from the February 12th total of 2,399 shares. Based on an average daily volume of 15,225 shares, the days-to-cover ratio is currently 1.6 days. Approximately 0.8% of the shares of the stock are sold short. Approximately 0.8% of the shares of the stock are sold short. Based on an average daily volume of 15,225 shares, the days-to-cover ratio is currently 1.6 days.

Xtrackers Russell US Multifactor ETF Trading Down 0.4%

NYSEARCA DEUS traded down $0.27 on Tuesday, reaching $61.01. 4,755 shares of the company were exchanged, compared to its average volume of 24,419. The business’s fifty day moving average price is $61.33 and its 200 day moving average price is $59.13. The stock has a market capitalization of $195.23 million, a P/E ratio of 18.40 and a beta of 0.93. Xtrackers Russell US Multifactor ETF has a fifty-two week low of $47.62 and a fifty-two week high of $63.55.

Institutional Investors Weigh In On Xtrackers Russell US Multifactor ETF

A number of hedge funds have recently modified their holdings of the company. L & S Advisors Inc increased its position in Xtrackers Russell US Multifactor ETF by 10.7% during the second quarter. L & S Advisors Inc now owns 36,245 shares of the company’s stock worth $2,038,000 after purchasing an additional 3,515 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in Xtrackers Russell US Multifactor ETF by 93.6% in the third quarter. Ameriprise Financial Inc. now owns 335,885 shares of the company’s stock valued at $19,500,000 after acquiring an additional 162,410 shares during the last quarter. Flow Traders U.S. LLC acquired a new stake in Xtrackers Russell US Multifactor ETF during the second quarter worth $265,000. Finally, Pinnacle Bancorp Inc. raised its holdings in Xtrackers Russell US Multifactor ETF by 6.3% in the 3rd quarter. Pinnacle Bancorp Inc. now owns 4,250 shares of the company’s stock valued at $247,000 after buying an additional 250 shares during the period.

Xtrackers Russell US Multifactor ETF Company Profile

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.