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 drop in short interest in the month of July. As of July 31st, there was short interest totaling 22,314 shares, a drop of 66.2% from the July 15th total of 65,988 shares. Based on an average daily trading volume, of 48,476 shares, the short-interest ratio is currently 0.5 days. Currently, 0.1% of the company’s shares are short sold.

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

Hedge funds and other institutional investors have recently bought and sold shares of the company. Wellington Grp LLC purchased a new stake in Global X Adaptive U.S. Factor ETF during the first quarter worth about $29,000. Laurel Wealth Advisors LLC purchased a new position in shares of Global X Adaptive U.S. Factor ETF in the fourth quarter valued at approximately $36,000. Kestra Advisory Services LLC purchased a new position in shares of Global X Adaptive U.S. Factor ETF in the fourth quarter valued at approximately $70,000. Advisors Preferred LLC grew its holdings in shares of Global X Adaptive U.S. Factor ETF by 119.1% in the first quarter. Advisors Preferred LLC now owns 2,092 shares of the company’s stock valued at $101,000 after purchasing an additional 1,137 shares in the last quarter. Finally, Advisory Services Network LLC acquired a new position in shares of Global X Adaptive U.S. Factor ETF in the third quarter valued at approximately $193,000.

Global X Adaptive U.S. Factor ETF Stock Performance

Shares of NYSEARCA AUSF traded up $0.15 during trading on Friday, reaching $52.40. The stock had a trading volume of 23,172 shares, compared to its average volume of 77,693. The company has a market cap of $915.43 million, a P/E ratio of 13.73 and a beta of 0.66. Global X Adaptive U.S. Factor ETF has a fifty-two week low of $44.40 and a fifty-two week high of $52.65. The business’s 50-day moving average price is $50.29 and its 200-day moving average price is $49.45.

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.