Xtrackers Russell US Multifactor ETF (NYSEARCA:DEUS) Short Interest Down 37.0% in March

Xtrackers Russell US Multifactor ETF (NYSEARCA:DEUS) was the recipient of a large decline in short interest in March. As of March 13th, there was short interest totaling 15,715 shares, a decline of 37.0% from the February 26th total of 24,949 shares. Currently, 0.5% of the shares of the stock are short sold. Based on an average daily volume of 10,137 shares, the short-interest ratio is currently 1.6 days.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Ameriprise Financial Inc. boosted its stake in Xtrackers Russell US Multifactor ETF by 93.6% in the third quarter. Ameriprise Financial Inc. now owns 335,885 shares of the company’s stock worth $19,500,000 after buying an additional 162,410 shares in the last quarter. Flow Traders U.S. LLC purchased a new position in shares of Xtrackers Russell US Multifactor ETF during the second quarter worth approximately $265,000. L & S Advisors Inc lifted its holdings in shares of Xtrackers Russell US Multifactor ETF by 4.1% in the 3rd quarter. L & S Advisors Inc now owns 37,716 shares of the company’s stock worth $2,191,000 after acquiring an additional 1,471 shares during the last quarter. Finally, Pinnacle Bancorp Inc. lifted its holdings in shares of Xtrackers Russell US Multifactor ETF by 6.3% in the 3rd quarter. Pinnacle Bancorp Inc. now owns 4,250 shares of the company’s stock worth $247,000 after acquiring an additional 250 shares during the last quarter.

Xtrackers Russell US Multifactor ETF Trading Down 1.0%

Shares of DEUS opened at $59.58 on Friday. Xtrackers Russell US Multifactor ETF has a 12-month low of $47.62 and a 12-month high of $63.55. The company has a market cap of $190.66 million, a PE ratio of 18.40 and a beta of 0.93. The stock has a 50-day moving average price of $61.40 and a 200-day moving average price of $59.28.

Xtrackers Russell US Multifactor ETF Company Profile

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.