Short Interest in Xtrackers Russell 1000 US QARP ETF (NYSEARCA:QARP) Grows By 260.6%

Xtrackers Russell 1000 US QARP ETF (NYSEARCA:QARP) was the target of a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 4,233 shares, an increase of 260.6% from the January 29th total of 1,174 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 5,631 shares, the days-to-cover ratio is currently 0.8 days. Based on an average daily trading volume, of 5,631 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.3% of the shares of the stock are short sold.

Xtrackers Russell 1000 US QARP ETF Stock Performance

Shares of NYSEARCA:QARP traded up $0.15 during midday trading on Friday, reaching $62.24. 1,174 shares of the company’s stock traded hands, compared to its average volume of 3,943. The company has a fifty day simple moving average of $60.88 and a two-hundred day simple moving average of $58.51. Xtrackers Russell 1000 US QARP ETF has a 1 year low of $45.67 and a 1 year high of $62.40. The company has a market cap of $82.78 million, a P/E ratio of 20.94 and a beta of 0.96.

Xtrackers Russell 1000 US QARP ETF Company Profile

The Xtrackers Russell 1000 US Quality at a Reasonable Price ETF (QARP) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks and index of US large-cap companies, selected and weighted based upon a combination of quality and value metrics. Quality metrics are given greater weight. QARP was launched on Apr 5, 2018 and is managed by Xtrackers.