Short Interest in Xtrackers Russell US Multifactor ETF (NYSEARCA:DEUS) Declines By 41.8%

Xtrackers Russell US Multifactor ETF (NYSEARCA:DEUS) was the target of a significant decline in short interest in April. As of April 30th, there was short interest totaling 14,825 shares, a decline of 41.8% from the April 15th total of 25,486 shares. Based on an average daily volume of 15,728 shares, the short-interest ratio is currently 0.9 days. Approximately 0.4% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in DEUS. Flow Traders U.S. LLC acquired a new position in Xtrackers Russell US Multifactor ETF during the second quarter valued at approximately $265,000. L & S Advisors Inc raised its position in Xtrackers Russell US Multifactor ETF by 4.1% during the third quarter. L & S Advisors Inc now owns 37,716 shares of the company’s stock valued at $2,191,000 after purchasing an additional 1,471 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its position in Xtrackers Russell US Multifactor ETF by 42.8% during the second quarter. Ameriprise Financial Inc. now owns 173,475 shares of the company’s stock valued at $9,752,000 after purchasing an additional 51,977 shares in the last quarter.

Xtrackers Russell US Multifactor ETF Price Performance

DEUS traded up $0.27 during trading on Monday, hitting $62.97. 8,918 shares of the stock traded hands, compared to its average volume of 23,408. Xtrackers Russell US Multifactor ETF has a twelve month low of $54.31 and a twelve month high of $63.85. The company has a market cap of $255.03 million, a price-to-earnings ratio of 18.40 and a beta of 0.88. The business has a 50 day moving average price of $61.55 and a 200 day moving average price of $60.35.

Xtrackers Russell US Multifactor ETF Company Profile

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.