Xtrackers Russell US Multifactor ETF (NYSEARCA:DEUS) Sees Large Growth in Short Interest

Xtrackers Russell US Multifactor ETF (NYSEARCA:DEUS) was the target of a large increase in short interest in the month of March. As of March 31st, there was short interest totaling 40,445 shares, an increase of 157.4% from the March 15th total of 15,715 shares. Approximately 1.1% of the company’s shares are short sold. Based on an average trading volume of 32,696 shares, the short-interest ratio is currently 1.2 days.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of DEUS. Ameriprise Financial Inc. lifted its holdings in shares of Xtrackers Russell US Multifactor ETF by 93.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 335,885 shares of the company’s stock worth $19,500,000 after acquiring an additional 162,410 shares during the period. Flow Traders U.S. LLC purchased a new position in shares of Xtrackers Russell US Multifactor ETF during the 2nd quarter worth about $265,000. L & S Advisors Inc lifted its holdings in shares of Xtrackers Russell US Multifactor ETF by 4.1% during 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 period. Finally, Pinnacle Bancorp Inc. lifted its holdings in shares of Xtrackers Russell US Multifactor ETF by 6.3% during 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 period.

Xtrackers Russell US Multifactor ETF Stock Up 0.8%

Shares of DEUS stock traded up $0.49 during trading hours on Monday, hitting $62.05. 18,672 shares of the company were exchanged, compared to its average volume of 25,650. The firm has a market cap of $245.10 million, a PE ratio of 18.40 and a beta of 0.91. Xtrackers Russell US Multifactor ETF has a 1 year low of $49.73 and a 1 year high of $63.55. The firm has a fifty day moving average of $61.37 and a 200 day moving average of $59.50.

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.