Short Interest in Xtrackers Russell US Multifactor ETF (NYSEARCA:DEUS) Grows By 157.4%

Xtrackers Russell US Multifactor ETF (NYSEARCA:DEUS) saw a significant increase in short interest in the month of March. As of March 31st, there was short interest totaling 40,445 shares, an increase of 157.4% from the March 15th total of 15,715 shares. Based on an average daily trading volume, of 32,696 shares, the days-to-cover ratio is currently 1.2 days. Currently, 1.1% of the company’s shares are short sold.

Institutional Trading of Xtrackers Russell US Multifactor ETF

Large investors have recently added to or reduced their stakes in the stock. Pinnacle Bancorp Inc. boosted its holdings in Xtrackers Russell US Multifactor ETF by 6.3% in the third quarter. Pinnacle Bancorp Inc. now owns 4,250 shares of the company’s stock valued at $247,000 after acquiring an additional 250 shares in the last quarter. Flow Traders U.S. LLC bought a new stake in Xtrackers Russell US Multifactor ETF in the second quarter valued at $265,000. L & S Advisors Inc boosted its holdings in Xtrackers Russell US Multifactor ETF by 4.1% in the third quarter. L & S Advisors Inc now owns 37,716 shares of the company’s stock valued at $2,191,000 after acquiring an additional 1,471 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in Xtrackers Russell US Multifactor ETF by 42.8% in the second quarter. Ameriprise Financial Inc. now owns 173,475 shares of the company’s stock valued at $9,752,000 after acquiring an additional 51,977 shares in the last quarter.

Xtrackers Russell US Multifactor ETF Stock Up 0.8%

Shares of NYSEARCA DEUS opened at $62.05 on Tuesday. Xtrackers Russell US Multifactor ETF has a 52 week low of $49.73 and a 52 week high of $63.55. The firm’s fifty day moving average is $61.39 and its 200 day moving average is $59.53. The company has a market cap of $245.10 million, a price-to-earnings ratio of 18.40 and a beta of 0.91.

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.