Global X Adaptive U.S. Factor ETF (NYSEARCA:AUSF) Short Interest Up 87.0% in August

Global X Adaptive U.S. Factor ETF (NYSEARCA:AUSF) was the target of a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 41,719 shares, an increase of 87.0% from the July 30th total of 22,314 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average trading volume of 63,332 shares, the days-to-cover ratio is currently 0.7 days.

Global X Adaptive U.S. Factor ETF Stock Performance

NYSEARCA AUSF traded up $0.09 during trading hours on Friday, hitting $52.11. 50,934 shares of the company traded hands, compared to its average volume of 76,180. The stock has a market capitalization of $910.36 million, a price-to-earnings ratio of 13.73 and a beta of 0.66. Global X Adaptive U.S. Factor ETF has a twelve month low of $44.40 and a twelve month high of $52.79. The business’s 50-day moving average is $50.93 and its 200-day moving average is $49.71.

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

A number of institutional investors have recently added to or reduced their stakes in the company. Ameritas Advisory Services LLC lifted its stake in Global X Adaptive U.S. Factor ETF by 750.2% in the second quarter. Ameritas Advisory Services LLC now owns 15,669 shares of the company’s stock valued at $766,000 after acquiring an additional 13,826 shares during the last quarter. Northeast Planning Associates INC. NH increased its stake in shares of Global X Adaptive U.S. Factor ETF by 7.2% during the 2nd quarter. Northeast Planning Associates INC. NH now owns 46,194 shares of the company’s stock worth $2,104,000 after purchasing an additional 3,111 shares during the last quarter. Sonoma Allocations LLC raised its holdings in shares of Global X Adaptive U.S. Factor ETF by 101.7% in the 2nd quarter. Sonoma Allocations LLC now owns 30,383 shares of the company’s stock valued at $1,502,000 after purchasing an additional 15,322 shares during the period. Western Wealth Management LLC raised its holdings in shares of Global X Adaptive U.S. Factor ETF by 29.9% in the 1st quarter. Western Wealth Management LLC now owns 30,825 shares of the company’s stock valued at $1,490,000 after purchasing an additional 7,099 shares during the period. Finally, Wellington Grp LLC acquired a new stake in Global X Adaptive U.S. Factor ETF in the 1st quarter valued at about $29,000.

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.