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

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

Xtrackers Russell 1000 US QARP ETF Price Performance

Shares of Xtrackers Russell 1000 US QARP ETF stock traded down $0.23 during trading on Tuesday, hitting $66.93. 2,948 shares of the company’s stock traded hands, compared to its average volume of 2,623. Xtrackers Russell 1000 US QARP ETF has a 1 year low of $55.85 and a 1 year high of $68.73. The business has a 50-day simple moving average of $67.48 and a 200-day simple moving average of $64.78. The stock has a market capitalization of $76.97 million, a P/E ratio of 20.94 and a beta of 0.90.

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.