Xtrackers Russell 1000 US QARP ETF (NYSEARCA:QARP) Short Interest Up 94.6% in August

Xtrackers Russell 1000 US QARP ETF (NYSEARCA:QARP) was the recipient of a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 1,051 shares, an increase of 94.6% from the July 30th total of 540 shares. Based on an average daily volume of 1,068 shares, the days-to-cover ratio is currently 1.0 days. Approximately 0.1% of the shares of the company are short sold.

Xtrackers Russell 1000 US QARP ETF Price Performance

NYSEARCA:QARP opened at $68.00 on Tuesday. The firm’s fifty day moving average price is $66.51 and its 200 day moving average price is $63.94. Xtrackers Russell 1000 US QARP ETF has a 1-year low of $55.45 and a 1-year high of $68.65. The firm has a market cap of $78.20 million, a price-to-earnings ratio of 20.94 and a beta of 0.90.

Xtrackers Russell 1000 US QARP ETF Company Profile

The Xtrackers Russell 1000 US Quality at a Reasonable Price ETF (QARP) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks and index of US large-cap companies, selected and weighted based upon a combination of quality and value metrics. Quality metrics are given greater weight. QARP was launched on Apr 5, 2018 and is managed by Xtrackers.