Global X Adaptive U.S. Factor ETF (NYSEARCA:AUSF) Short Interest Up 118.4% in February

Global X Adaptive U.S. Factor ETF (NYSEARCA:AUSF) was the target of a large growth in short interest in the month of February. As of February 27th, there was short interest totaling 82,445 shares, a growth of 118.4% from the February 12th total of 37,747 shares. Based on an average daily volume of 89,208 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.5% of the company’s shares are sold short. Currently, 0.5% of the company’s shares are sold short. Based on an average daily volume of 89,208 shares, the days-to-cover ratio is currently 0.9 days.

Global X Adaptive U.S. Factor ETF Trading Down 0.2%

Shares of AUSF opened at $48.62 on Thursday. The business’s 50-day moving average price is $48.79 and its 200 day moving average price is $46.94. The stock has a market capitalization of $794.45 million, a P/E ratio of 13.73 and a beta of 0.76. Global X Adaptive U.S. Factor ETF has a 1-year low of $38.55 and a 1-year high of $50.44.

Global X Adaptive U.S. Factor ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, February 9th. Shareholders of record on Wednesday, February 4th were issued a $0.3073 dividend. The ex-dividend date was Wednesday, February 4th. This is a positive change from Global X Adaptive U.S. Factor ETF’s previous quarterly dividend of $0.12. This represents a $1.23 annualized dividend and a dividend yield of 2.5%.

Institutional Investors Weigh In On Global X Adaptive U.S. Factor ETF

Large investors have recently made changes to their positions in the company. Grey Fox Wealth Advisors LLC purchased a new stake in shares of Global X Adaptive U.S. Factor ETF in the 3rd quarter valued at approximately $28,000. Root Financial Partners LLC purchased a new position in Global X Adaptive U.S. Factor ETF during the 3rd quarter worth approximately $33,000. Laurel Wealth Advisors LLC purchased a new position in Global X Adaptive U.S. Factor ETF during the 4th quarter worth approximately $36,000. Kestra Advisory Services LLC purchased a new position in Global X Adaptive U.S. Factor ETF during the 4th quarter worth approximately $70,000. Finally, Advisors Preferred LLC acquired a new stake in Global X Adaptive U.S. Factor ETF during the 3rd quarter valued at $120,000.

About Global X Adaptive U.S. Factor ETF

The Global X Adaptive U.S. Factor ETF (AUSF) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of US large- and mid-cap stocks with exposure to value, momentum, and\u002For low volatility factors. Factor exposure is determined by the recent performance of each factor. AUSF was launched on Aug 24, 2018 and is managed by Global X.