Short Interest in Xtrackers Russell US Multifactor ETF (NYSEARCA:DEUS) Declines By 42.6%

Xtrackers Russell US Multifactor ETF (NYSEARCA:DEUS) was the target of a significant drop in short interest in July. As of July 15th, there was short interest totaling 18,013 shares, a drop of 42.6% from the June 30th total of 31,406 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 17,108 shares, the days-to-cover ratio is presently 1.1 days.

Xtrackers Russell US Multifactor ETF Trading Down 0.4%

NYSEARCA DEUS traded down $0.27 during trading on Thursday, hitting $66.83. 5,995 shares of the company’s stock were exchanged, compared to its average volume of 20,575. The company has a market cap of $300.74 million, a PE ratio of 18.40 and a beta of 0.87. Xtrackers Russell US Multifactor ETF has a fifty-two week low of $55.64 and a fifty-two week high of $67.78. The stock’s 50 day moving average price is $65.29 and its two-hundred day moving average price is $62.96.

Institutional Investors Weigh In On Xtrackers Russell US Multifactor ETF

An institutional investor recently bought a new position in Xtrackers Russell US Multifactor ETF stock. Flow Traders U.S. LLC acquired a new stake in Xtrackers Russell US Multifactor ETF (NYSEARCA:DEUS) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 4,716 shares of the company’s stock, valued at approximately $265,000. Flow Traders U.S. LLC owned about 0.17% of Xtrackers Russell US Multifactor ETF at the end of the most recent reporting period.

Xtrackers Russell US Multifactor ETF Company Profile

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.