Xtrackers Russell 1000 US QARP ETF (NYSEARCA:QARP) Sees Significant Drop in Short Interest

Xtrackers Russell 1000 US QARP ETF (NYSEARCA:QARP) was the target of a large drop in short interest during the month of September. As of September 15th, there was short interest totaling 126 shares, a drop of 56.8% from the August 31st total of 292 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 1,248 shares, the short-interest ratio is currently 0.1 days.

Xtrackers Russell 1000 US QARP ETF Price Performance

Shares of Xtrackers Russell 1000 US QARP ETF stock traded down $0.27 on Monday, reaching $67.16. The company had a trading volume of 969 shares, compared to its average volume of 2,621. The firm has a market cap of $77.23 million, a price-to-earnings ratio of 20.94 and a beta of 0.90. The firm’s 50-day moving average price is $67.48 and its two-hundred day moving average price is $64.78. Xtrackers Russell 1000 US QARP ETF has a 1 year low of $55.85 and a 1 year high of $68.73.

Xtrackers Russell 1000 US QARP ETF Company Profile

The Xtrackers Russell 1000 US Quality at a Reasonable Price ETF (QARP) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks and index of US large-cap companies, selected and weighted based upon a combination of quality and value metrics. Quality metrics are given greater weight. QARP was launched on Apr 5, 2018 and is managed by Xtrackers.