Xtrackers Russell US Multifactor ETF (NYSEARCA:DEUS) Sees Significant Increase in Short Interest

Xtrackers Russell US Multifactor ETF (NYSEARCA:DEUS) was the target of a large growth in short interest in January. As of January 15th, there was short interest totaling 12,214 shares, a growth of 663.4% from the December 31st total of 1,600 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average trading volume of 50,963 shares, the short-interest ratio is currently 0.2 days. Based on an average trading volume of 50,963 shares, the short-interest ratio is currently 0.2 days. Currently, 0.4% of the shares of the stock are short sold.

Xtrackers Russell US Multifactor ETF Stock Performance

Shares of NYSEARCA:DEUS traded down $0.14 on Wednesday, reaching $60.66. The company’s stock had a trading volume of 4,883 shares, compared to its average volume of 31,399. The company has a 50-day simple moving average of $59.10 and a 200 day simple moving average of $58.04. Xtrackers Russell US Multifactor ETF has a 52-week low of $47.62 and a 52-week high of $61.15. The company has a market cap of $194.11 million, a P/E ratio of 18.40 and a beta of 0.93.

Institutional Investors Weigh In On Xtrackers Russell US Multifactor ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Ameriprise Financial Inc. lifted its stake in shares of Xtrackers Russell US Multifactor ETF by 93.6% in the 3rd quarter. Ameriprise Financial Inc. now owns 335,885 shares of the company’s stock valued at $19,500,000 after purchasing an additional 162,410 shares during the last quarter. L & S Advisors Inc raised its holdings in Xtrackers Russell US Multifactor ETF by 4.1% during the 3rd quarter. L & S Advisors Inc now owns 37,716 shares of the company’s stock valued at $2,191,000 after buying an additional 1,471 shares during the period. Pinnacle Bancorp Inc. lifted its position 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 worth $247,000 after buying an additional 250 shares during the last quarter. Flow Traders U.S. LLC purchased a new position in Xtrackers Russell US Multifactor ETF during the second quarter worth $265,000. Finally, Ameriflex Group Inc. purchased a new position in Xtrackers Russell US Multifactor ETF during the second quarter worth $93,000.

Xtrackers Russell US Multifactor ETF Company Profile

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.