Short Interest in Global X Adaptive U.S. Factor ETF (NYSEARCA:AUSF) Decreases By 51.5%

Global X Adaptive U.S. Factor ETF (NYSEARCA:AUSF) was the recipient of a large decrease in short interest in June. As of June 15th, there was short interest totaling 24,688 shares, a decrease of 51.5% from the May 31st total of 50,947 shares. Based on an average daily volume of 62,773 shares, the short-interest ratio is presently 0.4 days. Currently, 0.1% of the shares of the company are short sold.

Global X Adaptive U.S. Factor ETF Stock Performance

Shares of NYSEARCA AUSF traded down $0.20 during midday trading on Tuesday, reaching $48.98. The company’s stock had a trading volume of 59,262 shares, compared to its average volume of 84,360. Global X Adaptive U.S. Factor ETF has a fifty-two week low of $43.78 and a fifty-two week high of $50.44. The business’s 50 day moving average price is $49.04 and its two-hundred day moving average price is $48.59. The company has a market cap of $864.50 million, a P/E ratio of 13.73 and a beta of 0.66.

Institutional Trading of Global X Adaptive U.S. Factor ETF

A number of institutional investors have recently modified their holdings of the stock. Western Wealth Management LLC increased its position in shares of Global X Adaptive U.S. Factor ETF by 29.9% in the first quarter. Western Wealth Management LLC now owns 30,825 shares of the company’s stock worth $1,490,000 after purchasing an additional 7,099 shares during the period. Wellington Grp LLC bought a new stake in Global X Adaptive U.S. Factor ETF during the first quarter worth about $29,000. Sonoma Allocations LLC bought a new stake in Global X Adaptive U.S. Factor ETF during the first quarter worth about $735,000. Royal Bank of Canada grew its stake in Global X Adaptive U.S. Factor ETF by 120.8% during the first quarter. Royal Bank of Canada now owns 297,945 shares of the company’s stock worth $14,406,000 after buying an additional 163,006 shares in the last quarter. Finally, Cypress Capital Group increased its holdings in Global X Adaptive U.S. Factor ETF by 61.0% in the 1st quarter. Cypress Capital Group now owns 15,427 shares of the company’s stock valued at $746,000 after buying an additional 5,847 shares during the period.

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.