Global X Adaptive U.S. Factor ETF (NYSEARCA:AUSF) Sees Large Growth in Short Interest

Global X Adaptive U.S. Factor ETF (NYSEARCA:AUSF) saw a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 57,440 shares, an increase of 175.1% from the January 15th total of 20,881 shares. Approximately 0.4% of the shares of the company are short sold. Based on an average daily volume of 72,390 shares, the short-interest ratio is presently 0.8 days. Based on an average daily volume of 72,390 shares, the short-interest ratio is presently 0.8 days. Approximately 0.4% of the shares of the company are short sold.

Global X Adaptive U.S. Factor ETF Price Performance

Global X Adaptive U.S. Factor ETF stock traded up $0.39 during mid-day trading on Friday, reaching $49.90. 86,778 shares of the company traded hands, compared to its average volume of 68,833. The firm’s fifty day moving average is $47.70 and its two-hundred day moving average is $46.36. The company has a market capitalization of $815.37 million, a price-to-earnings ratio of 13.73 and a beta of 0.76. Global X Adaptive U.S. Factor ETF has a fifty-two week low of $38.55 and a fifty-two week high of $50.10.

Global X Adaptive U.S. Factor ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, February 9th. Stockholders of record on Wednesday, February 4th were paid a $0.3073 dividend. The ex-dividend date was Wednesday, February 4th. This is a positive change from Global X Adaptive U.S. Factor ETF’s previous quarterly dividend of $0.12. This represents a $1.23 annualized dividend and a dividend yield of 2.5%.

Institutional Investors Weigh In On Global X Adaptive U.S. Factor ETF

Large investors have recently bought and sold shares of the company. IFP Advisors Inc acquired a new stake in shares of Global X Adaptive U.S. Factor ETF in the second quarter worth $70,000. Envestnet Portfolio Solutions Inc. acquired a new stake in Global X Adaptive U.S. Factor ETF during the second quarter worth about $1,791,000. Atria Wealth Solutions Inc. purchased a new position in Global X Adaptive U.S. Factor ETF during the second quarter valued at approximately $2,105,000. Harbour Investments Inc. acquired a new position in Global X Adaptive U.S. Factor ETF in the second quarter valued at approximately $1,285,000. Finally, Leavell Investment Management Inc. purchased a new stake in Global X Adaptive U.S. Factor ETF in the 2nd quarter worth approximately $497,000.

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.