Global X Adaptive U.S. Factor ETF (NYSEARCA:AUSF) Short Interest Update

Global X Adaptive U.S. Factor ETF (NYSEARCA:AUSF) saw a large drop in short interest in the month of March. As of March 13th, there was short interest totaling 63,762 shares, a drop of 22.7% from the February 26th total of 82,445 shares. Based on an average trading volume of 106,992 shares, the short-interest ratio is presently 0.6 days. Currently, 0.4% of the shares of the stock are sold short.

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

Several hedge funds and other institutional investors have recently modified their holdings of AUSF. Able Wealth Management LLC raised its stake in Global X Adaptive U.S. Factor ETF by 48.7% during the third quarter. Able Wealth Management LLC now owns 128,806 shares of the company’s stock worth $5,991,000 after acquiring an additional 42,183 shares in the last quarter. Seros Financial LLC boosted its stake in shares of Global X Adaptive U.S. Factor ETF by 4.9% in the 3rd quarter. Seros Financial LLC now owns 220,411 shares of the company’s stock valued at $10,251,000 after purchasing an additional 10,239 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of Global X Adaptive U.S. Factor ETF by 35.7% in the 3rd quarter. Envestnet Asset Management Inc. now owns 125,791 shares of the company’s stock worth $5,851,000 after purchasing an additional 33,088 shares during the last quarter. Koshinski Asset Management Inc. acquired a new stake in shares of Global X Adaptive U.S. Factor ETF during the 3rd quarter worth about $527,000. Finally, OneAscent Financial Services LLC acquired a new stake in shares of Global X Adaptive U.S. Factor ETF during the 3rd quarter worth about $2,075,000.

Global X Adaptive U.S. Factor ETF Price Performance

NYSEARCA:AUSF opened at $47.79 on Tuesday. Global X Adaptive U.S. Factor ETF has a 12-month low of $38.55 and a 12-month high of $50.44. The firm has a market capitalization of $780.89 million, a PE ratio of 13.73 and a beta of 0.76. The firm has a 50-day moving average price of $48.94 and a 200 day moving average price of $47.12.

Global X Adaptive U.S. Factor ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, February 9th. Stockholders of record on Wednesday, February 4th were paid a $0.3073 dividend. The ex-dividend date was Wednesday, February 4th. This represents a $1.23 annualized dividend and a dividend yield of 2.6%. This is an increase from Global X Adaptive U.S. Factor ETF’s previous quarterly dividend of $0.12.

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.