Short Interest in Xtrackers Russell US Multifactor ETF (NYSEARCA:DEUS) Declines By 42.6%

Xtrackers Russell US Multifactor ETF (NYSEARCA:DEUS) was the recipient of a large decline in short interest in July. As of July 15th, there was short interest totaling 18,013 shares, a decline of 42.6% from the June 30th total of 31,406 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average trading volume of 17,108 shares, the short-interest ratio is presently 1.1 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Xtrackers Russell US Multifactor ETF stock. Flow Traders U.S. LLC bought a new stake in Xtrackers Russell US Multifactor ETF (NYSEARCA:DEUS) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 4,716 shares of the company’s stock, valued at approximately $265,000. Flow Traders U.S. LLC owned approximately 0.17% of Xtrackers Russell US Multifactor ETF as of its most recent SEC filing.

Xtrackers Russell US Multifactor ETF Stock Performance

DEUS traded down $0.36 on Wednesday, hitting $67.36. The company had a trading volume of 6,277 shares, compared to its average volume of 20,667. The stock has a market capitalization of $303.12 million, a price-to-earnings ratio of 18.40 and a beta of 0.87. The stock has a fifty day moving average price of $65.15 and a 200-day moving average price of $62.86. Xtrackers Russell US Multifactor ETF has a 12-month low of $55.64 and a 12-month high of $67.78.

About Xtrackers Russell US Multifactor ETF

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.