Xtrackers Russell US Multifactor ETF (NYSEARCA:DEUS) Sees Large Increase in Short Interest

Xtrackers Russell US Multifactor ETF (NYSEARCA:DEUS) saw a significant increase in short interest during the month of January. As of January 15th, there was short interest totaling 12,214 shares, an increase of 663.4% from the December 31st total of 1,600 shares. Based on an average daily trading volume, of 50,963 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.4% of the shares of the company are sold short. Approximately 0.4% of the shares of the company are sold short. Based on an average daily trading volume, of 50,963 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Ameriprise Financial Inc. lifted its position in shares of 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 worth $19,500,000 after purchasing an additional 162,410 shares in the last quarter. Flow Traders U.S. LLC bought a new stake in Xtrackers Russell US Multifactor ETF during the second quarter worth about $265,000. L & S Advisors Inc lifted its stake 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. Ameriflex Group Inc. bought a new position in shares of Xtrackers Russell US Multifactor ETF in the second quarter worth about $93,000. Finally, Pinnacle Bancorp Inc. lifted its stake in shares of 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 acquiring an additional 250 shares during the last quarter.

Xtrackers Russell US Multifactor ETF Stock Performance

Shares of DEUS traded down $0.14 during trading hours on Wednesday, reaching $60.66. 4,883 shares of the company traded hands, compared to its average volume of 31,399. The stock’s fifty day moving average is $59.10 and its 200 day moving average is $58.04. The stock has a market cap of $194.11 million, a P/E 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 $61.15.

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.