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

Xtrackers Russell US Multifactor ETF (NYSEARCA:DEUS) was the recipient of a significant decline in short interest in December. As of December 31st, there was short interest totaling 1,600 shares, a decline of 78.1% from the December 15th total of 7,294 shares. Based on an average trading volume of 6,715 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 6,715 shares, the days-to-cover ratio is presently 0.2 days.

Xtrackers Russell US Multifactor ETF Trading Up 1.0%

Shares of NYSEARCA DEUS traded up $0.61 during midday trading on Thursday, reaching $61.05. The company’s stock had a trading volume of 4,343 shares, compared to its average volume of 50,934. Xtrackers Russell US Multifactor ETF has a one year low of $47.62 and a one year high of $61.05. The company has a market cap of $207.57 million, a price-to-earnings ratio of 18.40 and a beta of 0.93. The company has a 50 day moving average price of $58.44 and a 200 day moving average price of $57.76.

Institutional Investors Weigh In On Xtrackers Russell US Multifactor ETF

Hedge funds have recently modified their holdings of the stock. Pinnacle Bancorp Inc. increased its stake in Xtrackers Russell US Multifactor ETF by 6.3% in the 3rd quarter. Pinnacle Bancorp Inc. now owns 4,250 shares of the company’s stock worth $247,000 after purchasing an additional 250 shares in the last quarter. L & S Advisors Inc boosted its holdings in shares of Xtrackers Russell US Multifactor ETF by 4.1% in the third quarter. L & S Advisors Inc now owns 37,716 shares of the company’s stock worth $2,191,000 after buying an additional 1,471 shares during the period. Ameriflex Group Inc. acquired a new position in shares of Xtrackers Russell US Multifactor ETF in the second quarter worth about $93,000. Flow Traders U.S. LLC purchased a new position in shares of Xtrackers Russell US Multifactor ETF in the second quarter worth approximately $265,000. Finally, Ameriprise Financial Inc. raised its holdings in shares of Xtrackers Russell US Multifactor ETF by 42.8% during 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 during the period.

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.