Global X Adaptive U.S. Factor ETF (NYSEARCA:AUSF) Short Interest Down 51.5% in June

Global X Adaptive U.S. Factor ETF (NYSEARCA:AUSF) was the target of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 24,688 shares, a decrease of 51.5% from the May 31st total of 50,947 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 62,773 shares, the days-to-cover ratio is currently 0.4 days.

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

Several large investors have recently made changes to their positions in the business. LPL Financial LLC raised its holdings in shares of Global X Adaptive U.S. Factor ETF by 31.8% in the 4th quarter. LPL Financial LLC now owns 1,252,765 shares of the company’s stock worth $58,091,000 after purchasing an additional 302,286 shares in the last quarter. Raymond James Financial Inc. boosted its stake in shares of Global X Adaptive U.S. Factor ETF by 115.9% during the 2nd 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 in the last quarter. Royal Bank of Canada boosted its stake in shares of Global X Adaptive U.S. Factor ETF by 120.8% during the 1st quarter. Royal Bank of Canada now owns 297,945 shares of the company’s stock worth $14,406,000 after acquiring an additional 163,006 shares in the last quarter. Private Advisor Group LLC grew its holdings in shares of Global X Adaptive U.S. Factor ETF by 35.7% in the 4th quarter. Private Advisor Group LLC now owns 428,231 shares of the company’s stock worth $19,857,000 after acquiring an additional 112,600 shares during the last quarter. Finally, CreativeOne Wealth LLC grew its holdings in shares of Global X Adaptive U.S. Factor ETF by 381.8% in the 4th quarter. CreativeOne Wealth LLC now owns 89,951 shares of the company’s stock worth $4,171,000 after acquiring an additional 71,280 shares during the last quarter.

Global X Adaptive U.S. Factor ETF Trading Up 0.6%

AUSF stock traded up $0.30 during trading hours on Thursday, hitting $49.57. 15,271 shares of the stock traded hands, compared to its average volume of 83,899. The stock has a 50-day simple moving average of $49.02 and a 200 day simple moving average of $48.63. The company has a market cap of $860.54 million, a P/E ratio of 13.73 and a beta of 0.66. Global X Adaptive U.S. Factor ETF has a one year low of $43.78 and a one year high of $50.44.

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.