Short Interest in Xtrackers Russell US Multifactor ETF (NYSEARCA:DEUS) Declines By 78.1%

Xtrackers Russell US Multifactor ETF (NYSEARCA:DEUS) was the target of a significant drop in short interest in the month of December. As of December 31st, there was short interest totaling 1,600 shares, a drop of 78.1% from the December 15th total of 7,294 shares. Based on an average daily trading volume, of 6,715 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the company’s stock are short sold. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 6,715 shares, the short-interest ratio is presently 0.2 days.

Hedge Funds Weigh In On Xtrackers Russell US Multifactor ETF

A number of institutional investors have recently added to or reduced their stakes in DEUS. Ameriprise Financial Inc. lifted its position in 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 period. L & S Advisors Inc increased its stake in shares of Xtrackers Russell US Multifactor ETF by 4.1% in the 3rd quarter. L & S Advisors Inc now owns 37,716 shares of the company’s stock worth $2,191,000 after acquiring an additional 1,471 shares in the last quarter. Flow Traders U.S. LLC purchased a new position in Xtrackers Russell US Multifactor ETF during the 2nd quarter valued at about $265,000. Pinnacle Bancorp Inc. boosted its stake in 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 worth $247,000 after acquiring an additional 250 shares in the last quarter. Finally, Ameriflex Group Inc. bought a new stake in Xtrackers Russell US Multifactor ETF during the second quarter worth about $93,000.

Xtrackers Russell US Multifactor ETF Trading Up 0.4%

Shares of DEUS stock traded up $0.25 during midday trading on Wednesday, reaching $60.44. 4,719 shares of the stock were exchanged, compared to its average volume of 56,113. Xtrackers Russell US Multifactor ETF has a 1 year low of $47.62 and a 1 year high of $60.48. The firm has a market cap of $205.50 million, a PE ratio of 18.40 and a beta of 0.93. The company’s 50 day moving average is $58.44 and its two-hundred day moving average is $57.76.

About Xtrackers Russell US Multifactor ETF

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.