Global X Adaptive U.S. Factor ETF (NYSEARCA:AUSF) Short Interest Update

Global X Adaptive U.S. Factor ETF (NYSEARCA:AUSF) saw a large drop in short interest during the month of May. As of May 31st, there was short interest totalling 25,900 shares, a drop of 37.6% from the May 15th total of 41,500 shares. Based on an average daily volume of 70,800 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.2% of the shares of the company are sold short.

Global X Adaptive U.S. Factor ETF Price Performance

Shares of NYSEARCA:AUSF traded up $0.12 during trading on Monday, reaching $43.84. The company had a trading volume of 23,399 shares, compared to its average volume of 72,441. Global X Adaptive U.S. Factor ETF has a fifty-two week low of $38.55 and a fifty-two week high of $45.31. The stock’s fifty day moving average price is $42.71 and its 200 day moving average price is $42.96. The firm has a market capitalization of $550.63 million, a price-to-earnings ratio of 15.13 and a beta of 0.75.

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. Waddell & Associates LLC purchased a new stake in shares of Global X Adaptive U.S. Factor ETF in the first quarter valued at approximately $62,118,000. Commonwealth Equity Services LLC lifted its holdings in Global X Adaptive U.S. Factor ETF by 137.6% in the first quarter. Commonwealth Equity Services LLC now owns 623,248 shares of the company’s stock valued at $27,205,000 after acquiring an additional 360,932 shares during the period. LPL Financial LLC boosted its position in shares of Global X Adaptive U.S. Factor ETF by 32.0% during the 1st quarter. LPL Financial LLC now owns 421,757 shares of the company’s stock worth $18,410,000 after purchasing an additional 102,354 shares in the last quarter. Tidemark LLC grew its stake in shares of Global X Adaptive U.S. Factor ETF by 6.4% during the 1st quarter. Tidemark LLC now owns 306,750 shares of the company’s stock worth $13,390,000 after purchasing an additional 18,542 shares during the period. Finally, Private Advisor Group LLC grew its stake in shares of Global X Adaptive U.S. Factor ETF by 28.1% during the 1st quarter. Private Advisor Group LLC now owns 279,356 shares of the company’s stock worth $12,194,000 after purchasing an additional 61,252 shares during the period.

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.