Short Interest in Xtrackers Russell US Multifactor ETF (NYSEARCA:DEUS) Rises By 451.3%

Xtrackers Russell US Multifactor ETF (NYSEARCA:DEUSGet Free Report) saw a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 31,406 shares, an increase of 451.3% from the June 15th total of 5,697 shares. Based on an average daily volume of 23,247 shares, the days-to-cover ratio is presently 1.4 days. Currently, 0.7% of the shares of the company are sold short.

Institutional Inflows and Outflows

A hedge fund recently raised its position in Xtrackers Russell US Multifactor ETF stock. Ameriprise Financial Inc. boosted its holdings in shares of Xtrackers Russell US Multifactor ETF (NYSEARCA:DEUSFree Report) by 93.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 335,885 shares of the company’s stock after buying an additional 162,410 shares during the period. Ameriprise Financial Inc. owned about 10.66% of Xtrackers Russell US Multifactor ETF worth $19,500,000 as of its most recent SEC filing.

Xtrackers Russell US Multifactor ETF Stock Performance

Shares of DEUS traded up $0.12 during trading hours on Monday, reaching $65.93. 16,632 shares of the company traded hands, compared to its average volume of 21,738. The stock’s fifty day moving average is $64.42 and its 200 day moving average is $62.25. Xtrackers Russell US Multifactor ETF has a 1-year low of $55.64 and a 1-year high of $66.21. The stock has a market cap of $296.69 million, a P/E ratio of 18.40 and a beta of 0.87.

Xtrackers Russell US Multifactor ETF Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for Xtrackers Russell US Multifactor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xtrackers Russell US Multifactor ETF and related companies with MarketBeat.com's FREE daily email newsletter.