Short Interest in Global X Adaptive U.S. Factor ETF (NYSEARCA:AUSF) Rises By 118.4%

Global X Adaptive U.S. Factor ETF (NYSEARCA:AUSF) saw a large growth in short interest in February. As of February 27th, there was short interest totaling 82,445 shares, a growth of 118.4% from the February 12th total of 37,747 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average daily trading volume, of 89,208 shares, the days-to-cover ratio is presently 0.9 days. Based on an average daily trading volume, of 89,208 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.5% of the shares of the company are sold short.

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

Several hedge funds have recently made changes to their positions in AUSF. Envestnet Asset Management Inc. raised its stake in shares of Global X Adaptive U.S. Factor ETF by 88.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 92,703 shares of the company’s stock valued at $4,144,000 after purchasing an additional 43,581 shares during the period. Meridian Wealth Management LLC bought a new position in Global X Adaptive U.S. Factor ETF in the 2nd quarter worth about $4,907,000. Cetera Investment Advisers boosted its stake in Global X Adaptive U.S. Factor ETF by 585.6% in the 2nd quarter. Cetera Investment Advisers now owns 156,018 shares of the company’s stock worth $6,974,000 after purchasing an additional 133,261 shares during the period. Avantax Advisory Services Inc. grew its holdings in Global X Adaptive U.S. Factor ETF by 81.9% during the 2nd quarter. Avantax Advisory Services Inc. now owns 66,388 shares of the company’s stock valued at $2,968,000 after buying an additional 29,894 shares in the last quarter. Finally, Titleist Asset Management LLC purchased a new position in Global X Adaptive U.S. Factor ETF during the 2nd quarter valued at about $4,427,000.

Global X Adaptive U.S. Factor ETF Trading Up 0.1%

Global X Adaptive U.S. Factor ETF stock opened at $48.37 on Friday. Global X Adaptive U.S. Factor ETF has a 1-year low of $38.55 and a 1-year high of $50.44. The firm has a market capitalization of $790.37 million, a price-to-earnings ratio of 13.73 and a beta of 0.76. The firm has a 50 day simple moving average of $48.87 and a 200 day simple moving average of $46.97.

Global X Adaptive U.S. Factor ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, February 9th. Stockholders 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 an increase from Global X Adaptive U.S. Factor ETF’s previous quarterly dividend of $0.12. This represents a $1.23 dividend on an annualized basis and a dividend yield of 2.5%.

Global X Adaptive U.S. Factor ETF Company Profile

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.