Short Interest in Xtrackers Russell US Multifactor ETF (NYSEARCA:DEUS) Drops By 35.4%

Xtrackers Russell US Multifactor ETF (NYSEARCA:DEUS) was the recipient of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 9,415 shares, a decrease of 35.4% from the August 15th total of 14,577 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 6,934 shares, the days-to-cover ratio is currently 1.4 days.

Hedge Funds Weigh In On Xtrackers Russell US Multifactor ETF

A hedge fund recently bought a new position in Xtrackers Russell US Multifactor ETF stock. Continuum Advisory LLC acquired a new position in shares of Xtrackers Russell US Multifactor ETF (NYSEARCA:DEUS) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 516 shares of the company’s stock, valued at approximately $34,000.

Xtrackers Russell US Multifactor ETF Price Performance

Shares of NYSEARCA DEUS traded up $0.24 during trading hours on Thursday, hitting $65.53. 8,248 shares of the stock were exchanged, compared to its average volume of 17,879. Xtrackers Russell US Multifactor ETF has a one year low of $56.17 and a one year high of $68.50. The company’s 50 day moving average is $66.93 and its 200 day moving average is $64.31. The firm has a market capitalization of $262.78 million, a P/E ratio of 18.40 and a beta of 0.86.

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.