Global X Adaptive U.S. Factor ETF (NYSEARCA:AUSF) Sees Significant Increase in Short Interest

Global X Adaptive U.S. Factor ETF (NYSEARCA:AUSF) was the target of a large growth in short interest in February. As of February 27th, there was short interest totaling 82,445 shares, a growth of 118.4% from the February 12th total of 37,747 shares. Based on an average daily trading volume, of 89,208 shares, the short-interest ratio is presently 0.9 days. Approximately 0.5% of the shares of the stock are sold short. Approximately 0.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 89,208 shares, the short-interest ratio is presently 0.9 days.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Able Wealth Management LLC increased its position in Global X Adaptive U.S. Factor ETF by 48.7% during the third quarter. Able Wealth Management LLC now owns 128,806 shares of the company’s stock worth $5,991,000 after buying an additional 42,183 shares in the last quarter. Avantax Advisory Services Inc. lifted its position in shares of Global X Adaptive U.S. Factor ETF by 81.9% in the second quarter. Avantax Advisory Services Inc. now owns 66,388 shares of the company’s stock valued at $2,968,000 after acquiring an additional 29,894 shares in the last quarter. Seros Financial LLC boosted its stake in shares of Global X Adaptive U.S. Factor ETF by 4.9% during the third quarter. Seros Financial LLC now owns 220,411 shares of the company’s stock valued at $10,251,000 after acquiring an additional 10,239 shares during the last quarter. Cetera Investment Advisers boosted its stake in shares of Global X Adaptive U.S. Factor ETF by 585.6% during the second quarter. Cetera Investment Advisers now owns 156,018 shares of the company’s stock valued at $6,974,000 after acquiring an additional 133,261 shares during the last quarter. Finally, Titleist Asset Management LLC purchased a new stake in Global X Adaptive U.S. Factor ETF during the 2nd quarter worth about $4,427,000.

Global X Adaptive U.S. Factor ETF Stock Performance

NYSEARCA AUSF traded up $0.05 during trading hours on Friday, reaching $48.39. The company’s stock had a trading volume of 25,698 shares, compared to its average volume of 80,009. The company’s 50-day moving average is $48.83 and its two-hundred day moving average is $46.95. Global X Adaptive U.S. Factor ETF has a fifty-two week low of $38.55 and a fifty-two week high of $50.44. The stock has a market cap of $790.69 million, a PE ratio of 13.73 and a beta of 0.76.

Global X Adaptive U.S. Factor ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, February 9th. Stockholders of record on Wednesday, February 4th were given a $0.3073 dividend. This is a boost from Global X Adaptive U.S. Factor ETF’s previous quarterly dividend of $0.12. This represents a $1.23 annualized dividend and a dividend yield of 2.5%. The ex-dividend date was Wednesday, February 4th.

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.