Xtrackers Russell US Multifactor ETF (NYSEARCA:DEUS) Short Interest Down 36.3% in December

Xtrackers Russell US Multifactor ETF (NYSEARCA:DEUS) was the target of a significant decrease in short interest in December. As of December 15th, there was short interest totaling 7,294 shares, a decrease of 36.3% from the November 30th total of 11,442 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 14,036 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily trading volume, of 14,036 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.2% of the shares of the company are sold short.

Hedge Funds Weigh In On Xtrackers Russell US Multifactor ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Pinnacle Bancorp Inc. boosted its stake in shares of Xtrackers Russell US Multifactor ETF by 6.3% during the third quarter. Pinnacle Bancorp Inc. now owns 4,250 shares of the company’s stock valued at $247,000 after purchasing an additional 250 shares in the last quarter. L & S Advisors Inc increased its holdings in shares of Xtrackers Russell US Multifactor ETF by 4.1% in the 3rd quarter. L & S Advisors Inc now owns 37,716 shares of the company’s stock valued at $2,191,000 after acquiring an additional 1,471 shares during the period. Ameriflex Group Inc. bought a new position in shares of Xtrackers Russell US Multifactor ETF during the 2nd quarter worth approximately $93,000. Flow Traders U.S. LLC purchased a new stake in Xtrackers Russell US Multifactor ETF during the second quarter valued at approximately $265,000. Finally, Ameriprise Financial Inc. boosted its stake in Xtrackers Russell US Multifactor ETF by 42.8% in the second quarter. Ameriprise Financial Inc. now owns 173,475 shares of the company’s stock valued at $9,752,000 after acquiring an additional 51,977 shares in the last quarter.

Xtrackers Russell US Multifactor ETF Price Performance

Shares of NYSEARCA DEUS traded down $0.22 during mid-day trading on Tuesday, hitting $58.72. 3,392 shares of the company’s stock traded hands, compared to its average volume of 12,791. The company’s 50-day moving average is $57.99 and its two-hundred day moving average is $57.45. Xtrackers Russell US Multifactor ETF has a 1 year low of $47.62 and a 1 year high of $59.19. The company has a market capitalization of $184.97 million, a P/E ratio of 18.40 and a beta of 0.93.

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.