Global X Adaptive U.S. Factor ETF (NYSEARCA:AUSF) Sees Significant Decline in Short Interest

Global X Adaptive U.S. Factor ETF (NYSEARCA:AUSF) was the recipient of a significant decrease in short interest in January. As of January 15th, there was short interest totaling 20,881 shares, a decrease of 51.4% from the December 31st total of 42,968 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 62,468 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily volume of 62,468 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the company’s stock are sold short.

Hedge Funds Weigh In On Global X Adaptive U.S. Factor ETF

Several hedge funds 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 about $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. IFP Advisors Inc acquired a new position in Global X Adaptive U.S. Factor ETF during the second quarter worth approximately $70,000. Advisors Preferred LLC purchased a new stake in Global X Adaptive U.S. Factor ETF in the third quarter valued at approximately $120,000. Finally, Ameritas Advisory Services LLC acquired a new stake in shares of Global X Adaptive U.S. Factor ETF in the second quarter valued at approximately $121,000.

Global X Adaptive U.S. Factor ETF Trading Down 0.4%

AUSF stock opened at $48.08 on Thursday. Global X Adaptive U.S. Factor ETF has a twelve month low of $38.55 and a twelve month high of $48.57. The company’s 50 day moving average is $46.87 and its two-hundred day moving average is $46.02. The stock has a market cap of $778.90 million, a P/E ratio of 13.73 and a beta of 0.76.

Global X Adaptive U.S. Factor ETF Company Profile

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.