Xtrackers Russell US Multifactor ETF (NYSEARCA:DEUS) Short Interest Up 138.4% in May

Xtrackers Russell US Multifactor ETF (NYSEARCA:DEUS) was the recipient of a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 35,342 shares, an increase of 138.4% from the April 30th total of 14,825 shares. Approximately 0.9% of the shares of the stock are short sold. Based on an average daily volume of 16,666 shares, the short-interest ratio is presently 2.1 days.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of DEUS. Ameriprise Financial Inc. lifted its holdings in shares of Xtrackers Russell US Multifactor ETF by 93.6% during the third quarter. Ameriprise Financial Inc. now owns 335,885 shares of the company’s stock valued at $19,500,000 after acquiring an additional 162,410 shares during the period. Flow Traders U.S. LLC acquired a new stake in shares of Xtrackers Russell US Multifactor ETF during the 2nd quarter worth about $265,000. Finally, L & S Advisors Inc increased its position in shares of 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 worth $2,191,000 after purchasing an additional 1,471 shares in the last quarter.

Xtrackers Russell US Multifactor ETF Stock Performance

NYSEARCA DEUS traded down $0.14 during trading on Friday, reaching $64.04. 2,571 shares of the company traded hands, compared to its average volume of 22,056. Xtrackers Russell US Multifactor ETF has a 1-year low of $54.57 and a 1-year high of $64.51. The company has a market cap of $259.36 million, a price-to-earnings ratio of 18.40 and a beta of 0.88. The stock’s 50 day moving average price is $62.12 and its two-hundred day moving average price is $60.75.

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.