Xtrackers Russell US Multifactor ETF (NYSEARCA:DEUS) Short Interest Update

Xtrackers Russell US Multifactor ETF (NYSEARCA:DEUS) was the target of a significant decline in short interest in the month of April. As of April 15th, there was short interest totaling 25,486 shares, a decline of 37.0% from the March 31st total of 40,445 shares. Currently, 0.6% of the shares of the company are short sold. Based on an average daily volume of 28,555 shares, the short-interest ratio is currently 0.9 days.

Institutional Investors Weigh In On Xtrackers Russell US Multifactor ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Ameriprise Financial Inc. raised its position in shares of Xtrackers Russell US Multifactor ETF by 93.6% during the third quarter. Ameriprise Financial Inc. now owns 335,885 shares of the company’s stock valued at $19,500,000 after buying an additional 162,410 shares during the last quarter. Flow Traders U.S. LLC acquired a new position in shares of Xtrackers Russell US Multifactor ETF during the second quarter valued at about $265,000. L & S Advisors Inc raised its position in shares of Xtrackers Russell US Multifactor ETF by 4.1% during the third quarter. L & S Advisors Inc now owns 37,716 shares of the company’s stock valued at $2,191,000 after buying an additional 1,471 shares during the last quarter. Finally, Pinnacle Bancorp Inc. raised its position in shares of Xtrackers Russell US Multifactor ETF by 6.3% during the third quarter. Pinnacle Bancorp Inc. now owns 4,250 shares of the company’s stock valued at $247,000 after buying an additional 250 shares during the last quarter.

Xtrackers Russell US Multifactor ETF Stock Performance

Shares of Xtrackers Russell US Multifactor ETF stock traded up $0.20 during trading on Thursday, reaching $62.74. The company’s stock had a trading volume of 122 shares, compared to its average volume of 24,688. The business’s fifty day moving average price is $61.46 and its 200-day moving average price is $59.91. The firm has a market cap of $254.10 million, a price-to-earnings ratio of 18.40 and a beta of 0.91. Xtrackers Russell US Multifactor ETF has a one year low of $51.98 and a one year high of $63.55.

Xtrackers Russell US Multifactor ETF Company Profile

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.