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

Global X Adaptive U.S. Factor ETF (NYSEARCA:AUSF) was the target of a large growth in short interest in January. As of January 30th, there was short interest totaling 57,440 shares, a growth of 175.1% from the January 15th total of 20,881 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average daily volume of 72,390 shares, the days-to-cover ratio is currently 0.8 days. Based on an average daily volume of 72,390 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.4% of the shares of the stock are sold short.

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

A number of institutional investors and hedge funds have recently bought and sold shares of AUSF. Janney Montgomery Scott LLC increased its position in Global X Adaptive U.S. Factor ETF by 1.5% in the fourth quarter. Janney Montgomery Scott LLC now owns 41,837 shares of the company’s stock worth $1,940,000 after purchasing an additional 612 shares during the period. Waddell & Associates LLC grew its position in shares of Global X Adaptive U.S. Factor ETF by 3.4% during the 4th quarter. Waddell & Associates LLC now owns 1,593,001 shares of the company’s stock worth $73,867,000 after buying an additional 52,377 shares during the period. LPL Financial LLC raised its stake in shares of Global X Adaptive U.S. Factor ETF by 31.8% during the fourth quarter. LPL Financial LLC now owns 1,252,765 shares of the company’s stock worth $58,091,000 after buying an additional 302,286 shares during the last quarter. WCG Wealth Advisors LLC raised its stake in shares of Global X Adaptive U.S. Factor ETF by 27.2% during the fourth quarter. WCG Wealth Advisors LLC now owns 30,481 shares of the company’s stock worth $1,413,000 after buying an additional 6,512 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in Global X Adaptive U.S. Factor ETF by 8.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 250,377 shares of the company’s stock valued at $11,610,000 after buying an additional 19,306 shares during the period.

Global X Adaptive U.S. Factor ETF Stock Down 0.3%

NYSEARCA:AUSF traded down $0.16 on Thursday, reaching $49.68. The stock had a trading volume of 17,388 shares, compared to its average volume of 62,663. The company has a market capitalization of $811.69 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 $50.10. The stock has a fifty day moving average price of $47.56 and a 200-day moving average price of $46.30.

Global X Adaptive U.S. Factor ETF Increases Dividend

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

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.