Xtrackers Russell US Multifactor ETF (NYSEARCA:DEUS) Sees Significant Decrease in Short Interest

Xtrackers Russell US Multifactor ETF (NYSEARCA:DEUS) was the recipient of a significant decline in short interest during the month of May. As of May 29th, there was short interest totaling 22,187 shares, a decline of 37.2% from the May 14th total of 35,342 shares. Approximately 0.5% of the shares of the company are sold short. Based on an average daily trading volume, of 6,515 shares, the days-to-cover ratio is presently 3.4 days.

Institutional Investors Weigh In On Xtrackers Russell US Multifactor ETF

Several hedge funds have recently added to or reduced their stakes in the business. Flow Traders U.S. LLC acquired a new position in shares of Xtrackers Russell US Multifactor ETF in the second quarter valued at $265,000. L & S Advisors Inc lifted its stake in shares of Xtrackers Russell US Multifactor ETF by 4.1% during the 3rd quarter. L & S Advisors Inc now owns 37,716 shares of the company’s stock worth $2,191,000 after buying an additional 1,471 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in shares of Xtrackers Russell US Multifactor ETF by 42.8% during the 2nd quarter. Ameriprise Financial Inc. now owns 173,475 shares of the company’s stock worth $9,752,000 after buying an additional 51,977 shares during the period.

Xtrackers Russell US Multifactor ETF Trading Down 0.1%

Shares of DEUS traded down $0.06 during mid-day trading on Tuesday, reaching $65.56. The company’s stock had a trading volume of 8,430 shares, compared to its average volume of 21,646. Xtrackers Russell US Multifactor ETF has a 1-year low of $54.64 and a 1-year high of $66.04. The stock has a market cap of $265.52 million, a P/E ratio of 18.40 and a beta of 0.87. The business has a 50-day simple moving average of $63.23 and a two-hundred day simple moving average of $61.34.

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.