Global X Adaptive U.S. Factor ETF (NYSEARCA:AUSF) Short Interest Update

Global X Adaptive U.S. Factor ETF (NYSEARCA:AUSF) was the target of a significant decrease in short interest during the month of March. As of March 13th, there was short interest totaling 63,762 shares, a decrease of 22.7% from the February 26th total of 82,445 shares. Approximately 0.4% of the company’s stock are sold short. Based on an average daily trading volume, of 106,992 shares, the days-to-cover ratio is currently 0.6 days.

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

A number of large investors have recently made changes to their positions in AUSF. Bogart Wealth LLC purchased a new stake in Global X Adaptive U.S. Factor ETF in the third quarter valued at about $43,183,000. LPL Financial LLC boosted its holdings in Global X Adaptive U.S. Factor ETF by 31.8% in the fourth quarter. LPL Financial LLC now owns 1,252,765 shares of the company’s stock worth $58,091,000 after acquiring an additional 302,286 shares in the last quarter. Raymond James Financial Inc. grew its stake in shares of Global X Adaptive U.S. Factor ETF by 115.9% during the second quarter. Raymond James Financial Inc. now owns 326,204 shares of the company’s stock worth $14,581,000 after acquiring an additional 175,136 shares during the last quarter. Meridian Wealth Management LLC increased its holdings in shares of Global X Adaptive U.S. Factor ETF by 153.7% during the third quarter. Meridian Wealth Management LLC now owns 278,581 shares of the company’s stock valued at $12,957,000 after acquiring an additional 168,795 shares in the last quarter. Finally, Sierra Ocean LLC increased its holdings in shares of Global X Adaptive U.S. Factor ETF by 1,709.8% during the third quarter. Sierra Ocean LLC now owns 168,095 shares of the company’s stock valued at $7,818,000 after acquiring an additional 158,807 shares in the last quarter.

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

Shares of NYSEARCA:AUSF traded down $0.12 during trading on Monday, reaching $47.67. The stock had a trading volume of 88,453 shares, compared to its average volume of 75,371. The firm’s 50-day simple moving average is $48.94 and its 200 day simple moving average is $47.11. Global X Adaptive U.S. Factor ETF has a one year low of $38.55 and a one year high of $50.44. The company has a market capitalization of $778.93 million, a P/E ratio of 13.73 and a beta of 0.76.

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 paid a $0.3073 dividend. This represents a $1.23 annualized dividend and a yield of 2.6%. This is a positive change from Global X Adaptive U.S. Factor ETF’s previous quarterly dividend of $0.12. The ex-dividend date was Wednesday, February 4th.

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.