Global X Adaptive U.S. Factor ETF (NYSEARCA:AUSF) Shares Shorted: Short Interest Down 57.0% in October

Global X Adaptive U.S. Factor ETF (NYSEARCA:AUSF) was the target of a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 20,828 shares, a decline of 57.0% from the September 30th total of 48,445 shares. Based on an average trading volume of 60,121 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the shares of the company are short sold.

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

Hedge funds and other institutional investors have recently bought and sold shares of the company. ARQ Wealth Advisors LLC lifted its position in Global X Adaptive U.S. Factor ETF by 14.4% during the first quarter. ARQ Wealth Advisors LLC now owns 261,202 shares of the company’s stock worth $12,629,000 after buying an additional 32,945 shares in the last quarter. NewEdge Advisors LLC purchased a new stake in Global X Adaptive U.S. Factor ETF during the 2nd quarter worth about $1,671,000. Sonoma Allocations LLC purchased a new stake in shares of Global X Adaptive U.S. Factor ETF in the 1st quarter valued at about $735,000. Envestnet Asset Management Inc. lifted its stake in Global X Adaptive U.S. Factor ETF by 12.2% in the second quarter. Envestnet Asset Management Inc. now owns 131,896 shares of the company’s stock valued at $6,444,000 after buying an additional 14,381 shares during the last quarter. Finally, Ameritas Advisory Services LLC grew its position in shares of Global X Adaptive U.S. Factor ETF by 750.2% during the second quarter. Ameritas Advisory Services LLC now owns 15,669 shares of the company’s stock worth $766,000 after acquiring an additional 13,826 shares during the last quarter.

Global X Adaptive U.S. Factor ETF Price Performance

Global X Adaptive U.S. Factor ETF stock traded up $0.19 during mid-day trading on Friday, hitting $51.96. The company’s stock had a trading volume of 22,272 shares, compared to its average volume of 72,836. Global X Adaptive U.S. Factor ETF has a 12 month low of $44.40 and a 12 month high of $52.79. The stock has a market cap of $909.82 million, a price-to-earnings ratio of 13.73 and a beta of 0.66. The business has a 50 day moving average price of $50.67 and a 200-day moving average price of $49.75.

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.