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 increase in short interest in the month of August. As of August 14th, there was short interest totaling 41,719 shares, an increase of 87.0% from the July 30th total of 22,314 shares. Based on an average trading volume of 63,332 shares, the short-interest ratio is presently 0.7 days. Currently, 0.2% of the company’s shares are short sold.

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

Institutional investors have recently bought and sold shares of the company. Koshinski Asset Management Inc. grew its stake in shares of Global X Adaptive U.S. Factor ETF by 155.8% in the 4th quarter. Koshinski Asset Management Inc. now owns 28,976 shares of the company’s stock valued at $1,344,000 after buying an additional 17,649 shares during the period. Meridian Wealth Management LLC increased its holdings in shares of Global X Adaptive U.S. Factor ETF by 4.1% during the 4th quarter. Meridian Wealth Management LLC now owns 289,957 shares of the company’s stock worth $13,445,000 after buying an additional 11,376 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of Global X Adaptive U.S. Factor ETF by 8.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 250,377 shares of the company’s stock valued at $11,610,000 after buying an additional 19,306 shares during the period. ARQ Wealth Advisors LLC raised its position in shares of Global X Adaptive U.S. Factor ETF by 14.4% during the 1st quarter. ARQ Wealth Advisors LLC now owns 261,202 shares of the company’s stock valued at $12,629,000 after buying an additional 32,945 shares during the period. Finally, Sonoma Allocations LLC purchased a new stake in shares of Global X Adaptive U.S. Factor ETF during the 1st quarter valued at approximately $735,000.

Global X Adaptive U.S. Factor ETF Trading Down 0.6%

Shares of AUSF stock opened at $51.82 on Tuesday. The company’s 50-day moving average price is $51.00 and its 200-day moving average price is $49.72. The stock has a market cap of $905.30 million, a price-to-earnings ratio of 13.73 and a beta of 0.66. Global X Adaptive U.S. Factor ETF has a twelve month low of $44.40 and a twelve month high of $52.79.

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.