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 during the month of May. As of May 15th, there was short interest totaling 35,342 shares, a growth of 138.4% from the April 30th total of 14,825 shares. Currently, 0.9% of the company’s shares are sold short. Based on an average daily trading volume, of 16,666 shares, the short-interest ratio is presently 2.1 days.

Institutional Trading of Xtrackers Russell US Multifactor ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in DEUS. Ameriprise Financial Inc. lifted its holdings in Xtrackers Russell US Multifactor ETF by 93.6% in the third quarter. Ameriprise Financial Inc. now owns 335,885 shares of the company’s stock valued at $19,500,000 after buying an additional 162,410 shares during the period. L & S Advisors Inc grew its holdings in Xtrackers Russell US Multifactor ETF by 4.1% during the 3rd quarter. L & S Advisors Inc now owns 37,716 shares of the company’s stock worth $2,191,000 after acquiring an additional 1,471 shares during the period. Finally, Flow Traders U.S. LLC bought a new stake in shares of Xtrackers Russell US Multifactor ETF during the 2nd quarter valued at $265,000.

Xtrackers Russell US Multifactor ETF Price Performance

Shares of DEUS stock traded down $0.14 on Friday, reaching $64.04. 2,571 shares of the stock were exchanged, compared to its average volume of 22,056. The stock has a market cap of $259.36 million, a PE ratio of 18.40 and a beta of 0.88. Xtrackers Russell US Multifactor ETF has a one year low of $54.57 and a one year high of $64.51. The stock has a 50 day moving average price of $62.12 and a 200 day moving average price of $60.75.

About Xtrackers Russell US Multifactor ETF

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.