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

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

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Bogart Wealth LLC acquired a new stake in Global X Adaptive U.S. Factor ETF in the third quarter worth about $43,183,000. LPL Financial LLC increased its stake in Global X Adaptive U.S. Factor ETF by 31.8% during the 4th quarter. LPL Financial LLC now owns 1,252,765 shares of the company’s stock valued at $58,091,000 after buying an additional 302,286 shares during the period. Raymond James Financial Inc. raised its position in shares of Global X Adaptive U.S. Factor ETF by 115.9% during the 2nd quarter. Raymond James Financial Inc. now owns 326,204 shares of the company’s stock worth $14,581,000 after buying an additional 175,136 shares in the last quarter. Meridian Wealth Management LLC raised its position in shares of Global X Adaptive U.S. Factor ETF by 153.7% during the 3rd quarter. Meridian Wealth Management LLC now owns 278,581 shares of the company’s stock worth $12,957,000 after buying an additional 168,795 shares in the last quarter. Finally, Sierra Ocean LLC lifted its stake in shares of Global X Adaptive U.S. Factor ETF by 1,709.8% in the 3rd quarter. Sierra Ocean LLC now owns 168,095 shares of the company’s stock worth $7,818,000 after acquiring an additional 158,807 shares during the period.

Global X Adaptive U.S. Factor ETF Price Performance

Shares of AUSF stock opened at $48.62 on Thursday. Global X Adaptive U.S. Factor ETF has a 12-month low of $38.55 and a 12-month high of $50.44. The firm has a market capitalization of $794.45 million, a price-to-earnings ratio of 13.73 and a beta of 0.76. The business has a 50 day simple moving average of $48.79 and a 200 day simple moving average of $46.94.

Global X Adaptive U.S. Factor ETF Increases Dividend

The firm also recently declared 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 of this dividend 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%.

About Global X Adaptive U.S. Factor ETF

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.