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

Global X Adaptive U.S. Factor ETF (NYSEARCA:AUSF) was the target of a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 24,688 shares, a decline of 51.5% from the May 31st total of 50,947 shares. Based on an average trading volume of 62,773 shares, the short-interest ratio is presently 0.4 days. Currently, 0.1% of the company’s shares are short sold.

Global X Adaptive U.S. Factor ETF Stock Performance

Shares of AUSF stock traded up $0.41 on Wednesday, hitting $49.27. 96,837 shares of the stock traded hands, compared to its average volume of 84,491. Global X Adaptive U.S. Factor ETF has a twelve month low of $43.78 and a twelve month high of $50.44. The firm’s 50-day moving average price is $49.02 and its two-hundred day moving average price is $48.63. The stock has a market capitalization of $855.33 million, a PE ratio of 13.73 and a beta of 0.66.

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

Several institutional investors and hedge funds have recently bought and sold shares of the company. Wellington Grp LLC purchased a new position in Global X Adaptive U.S. Factor ETF during the 1st quarter valued at about $29,000. Laurel Wealth Advisors LLC purchased a new stake in Global X Adaptive U.S. Factor ETF during the fourth quarter worth about $36,000. Kestra Advisory Services LLC acquired a new stake in shares of Global X Adaptive U.S. Factor ETF during the fourth quarter worth about $70,000. Advisors Preferred LLC lifted its position in shares of Global X Adaptive U.S. Factor ETF by 119.1% during the first quarter. Advisors Preferred LLC now owns 2,092 shares of the company’s stock worth $101,000 after purchasing an additional 1,137 shares in the last quarter. Finally, IFP Advisors Inc boosted its stake in shares of Global X Adaptive U.S. Factor ETF by 100.9% in the third quarter. IFP Advisors Inc now owns 3,132 shares of the company’s stock valued at $146,000 after purchasing an additional 1,573 shares during the period.

About Global X Adaptive U.S. Factor ETF

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.