Global X Adaptive U.S. Factor ETF (NYSEARCA:AUSF – Get Free Report) was the target of a large decline in short interest in October. As of October 15th, there was short interest totaling 20,828 shares, a decline of 57.0% from the September 30th total of 48,445 shares. Based on an average daily trading volume, of 60,121 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the shares of the stock are sold short.
Institutional Inflows and Outflows
Institutional investors have recently modified their holdings of the stock. ARQ Wealth Advisors LLC lifted its position in shares of Global X Adaptive U.S. Factor ETF by 14.4% in the 1st quarter. ARQ Wealth Advisors LLC now owns 261,202 shares of the company’s stock valued at $12,629,000 after acquiring an additional 32,945 shares in the last quarter. NewEdge Advisors LLC acquired a new stake in shares of Global X Adaptive U.S. Factor ETF in the second quarter worth $1,671,000. Sonoma Allocations LLC acquired a new stake in shares of Global X Adaptive U.S. Factor ETF in the first quarter worth $735,000. Envestnet Asset Management Inc. grew its holdings in shares of Global X Adaptive U.S. Factor ETF by 12.2% during the second quarter. Envestnet Asset Management Inc. now owns 131,896 shares of the company’s stock valued at $6,444,000 after buying an additional 14,381 shares in the last quarter. Finally, Ameritas Advisory Services LLC grew its holdings in shares of Global X Adaptive U.S. Factor ETF by 750.2% during the second quarter. Ameritas Advisory Services LLC now owns 15,669 shares of the company’s stock valued at $766,000 after buying an additional 13,826 shares in the last quarter.
Global X Adaptive U.S. Factor ETF Stock Up 0.4%
Shares of NYSEARCA AUSF traded up $0.19 during midday trading on Friday, hitting $51.96. The stock had a trading volume of 22,272 shares, compared to its average volume of 72,836. The company has a fifty day moving average price of $50.67 and a 200 day moving average price of $49.75. Global X Adaptive U.S. Factor ETF has a 1-year low of $44.40 and a 1-year high of $52.79. The company has a market capitalization of $909.82 million, a price-to-earnings ratio of 13.73 and a beta of 0.66.
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.
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