Global X Adaptive U.S. Factor ETF (NYSEARCA:AUSF) Short Interest Down 66.2% in July

Global X Adaptive U.S. Factor ETF (NYSEARCA:AUSF) was the recipient of a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 22,314 shares, a drop of 66.2% from the July 15th total of 65,988 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 48,476 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Investors Weigh In On Global X Adaptive U.S. Factor ETF

Large investors have recently added to or reduced their stakes in the stock. Wellington Grp LLC bought a new position in shares of Global X Adaptive U.S. Factor ETF during the 1st quarter valued at $29,000. Laurel Wealth Advisors LLC purchased a new position in Global X Adaptive U.S. Factor ETF in the fourth quarter worth about $36,000. Kestra Advisory Services LLC purchased a new position in Global X Adaptive U.S. Factor ETF in the fourth quarter worth about $70,000. Advisors Preferred LLC grew its stake in shares of Global X Adaptive U.S. Factor ETF by 119.1% during the 1st quarter. Advisors Preferred LLC now owns 2,092 shares of the company’s stock valued at $101,000 after purchasing an additional 1,137 shares during the period. Finally, Advisory Services Network LLC bought a new stake in shares of Global X Adaptive U.S. Factor ETF during the 3rd quarter valued at about $193,000.

Global X Adaptive U.S. Factor ETF Stock Performance

Shares of AUSF stock traded up $0.15 during trading hours on Friday, reaching $52.40. The company had a trading volume of 23,213 shares, compared to its average volume of 77,698. The business has a fifty day moving average price of $50.36 and a 200-day moving average price of $49.47. Global X Adaptive U.S. Factor ETF has a one year low of $44.40 and a one year high of $52.65. The firm has a market cap of $915.43 million, a PE ratio of 13.73 and a beta of 0.66.

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.