Xtrackers Russell US Multifactor ETF (NYSEARCA:DEUS) Sees Significant Growth in Short Interest

Xtrackers Russell US Multifactor ETF (NYSEARCA:DEUS) was the recipient of a large growth in short interest in June. As of June 30th, there was short interest totaling 31,406 shares, a growth of 451.3% from the June 15th total of 5,697 shares. Currently, 0.7% of the company’s stock are sold short. Based on an average daily volume of 23,247 shares, the short-interest ratio is currently 1.4 days.

Xtrackers Russell US Multifactor ETF Price Performance

Shares of DEUS stock traded up $0.35 during trading hours on Friday, reaching $65.81. The company had a trading volume of 4,719 shares, compared to its average volume of 21,786. The company has a market cap of $296.14 million, a price-to-earnings ratio of 18.40 and a beta of 0.87. Xtrackers Russell US Multifactor ETF has a 12 month low of $55.64 and a 12 month high of $66.04. The business has a fifty day simple moving average of $64.42 and a 200-day simple moving average of $62.22.

Hedge Funds Weigh In On Xtrackers Russell US Multifactor ETF

A hedge fund recently bought a new stake in Xtrackers Russell US Multifactor ETF stock. Flow Traders U.S. LLC bought a new position in Xtrackers Russell US Multifactor ETF (NYSEARCA:DEUS) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 4,716 shares of the company’s stock, valued at approximately $265,000. Flow Traders U.S. LLC owned approximately 0.17% of Xtrackers Russell US Multifactor ETF at the end of the most recent reporting period.

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.