Global X Adaptive U.S. Factor ETF (NYSEARCA:AUSF) Short Interest Up 118.3% in April

Global X Adaptive U.S. Factor ETF (NYSEARCA:AUSF) was the recipient of a large increase in short interest during the month of April. As of April 15th, there was short interest totaling 103,546 shares, an increase of 118.3% from the March 31st total of 47,435 shares. Currently, 0.6% of the company’s shares are sold short. Based on an average daily volume of 95,806 shares, the days-to-cover ratio is presently 1.1 days.

Hedge Funds Weigh In On Global X Adaptive U.S. Factor ETF

Several large investors have recently modified their holdings of the stock. Creative Planning increased its position in shares of Global X Adaptive U.S. Factor ETF by 3.9% during the 3rd quarter. Creative Planning now owns 7,749 shares of the company’s stock valued at $360,000 after purchasing an additional 288 shares during the last quarter. Advisory Services Network LLC increased its position in shares of Global X Adaptive U.S. Factor ETF by 12.1% during the 4th quarter. Advisory Services Network LLC now owns 4,659 shares of the company’s stock valued at $216,000 after purchasing an additional 504 shares during the last quarter. Grey Fox Wealth Advisors LLC bought a new position in shares of Global X Adaptive U.S. Factor ETF during the 3rd quarter valued at approximately $28,000. Janney Montgomery Scott LLC boosted its holdings in Global X Adaptive U.S. Factor ETF by 1.5% during the 4th quarter. Janney Montgomery Scott LLC now owns 41,837 shares of the company’s stock valued at $1,940,000 after acquiring an additional 612 shares during the period. Finally, Root Financial Partners LLC bought a new position in Global X Adaptive U.S. Factor ETF in the 3rd quarter valued at $33,000.

Global X Adaptive U.S. Factor ETF Trading Down 1.4%

Shares of NYSEARCA AUSF traded down $0.71 during trading hours on Friday, hitting $48.82. 64,309 shares of the company traded hands, compared to its average volume of 76,764. The stock has a market capitalization of $861.67 million, a price-to-earnings ratio of 13.73 and a beta of 0.71. The company’s 50 day moving average price is $49.02 and its 200 day moving average price is $47.50. Global X Adaptive U.S. Factor ETF has a 12 month low of $41.58 and a 12 month high of $50.44.

Global X Adaptive U.S. Factor ETF Company Profile

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.