Global X Adaptive U.S. Factor ETF (NYSEARCA:AUSF) Shares Shorted: Short Interest Down 57.0% in October

Global X Adaptive U.S. Factor ETF (NYSEARCA:AUSF) saw a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 20,828 shares, a decline of 57.0% from the September 30th total of 48,445 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 60,121 shares, the days-to-cover ratio is currently 0.3 days.

Global X Adaptive U.S. Factor ETF Trading Up 0.2%

Shares of NYSEARCA AUSF traded up $0.12 on Friday, reaching $51.89. 41,472 shares of the company traded hands, compared to its average volume of 72,939. The company has a 50 day moving average of $50.67 and a 200 day moving average of $49.77. Global X Adaptive U.S. Factor ETF has a fifty-two week low of $44.40 and a fifty-two week high of $52.79. The stock has a market capitalization of $902.89 million, a PE ratio of 13.73 and a beta of 0.66.

Institutional Trading of Global X Adaptive U.S. Factor ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Wellington Grp LLC purchased a new stake in Global X Adaptive U.S. Factor ETF during the 1st quarter worth approximately $29,000. Root Financial Partners LLC purchased a new position in shares of Global X Adaptive U.S. Factor ETF during the 3rd quarter valued at approximately $34,000. Janney Montgomery Scott LLC grew its position in shares of Global X Adaptive U.S. Factor ETF by 2.2% during the first quarter. Janney Montgomery Scott LLC now owns 42,742 shares of the company’s stock worth $2,067,000 after buying an additional 905 shares in the last quarter. Advisors Preferred LLC grew its position in shares of Global X Adaptive U.S. Factor ETF by 119.1% during the first quarter. Advisors Preferred LLC now owns 2,092 shares of the company’s stock worth $101,000 after buying an additional 1,137 shares in the last quarter. Finally, Integrated Wealth Concepts LLC bought a new stake in shares of Global X Adaptive U.S. Factor ETF in the second quarter worth $149,000.

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.