Xtrackers Russell US Multifactor ETF (NYSEARCA:DEUS) Short Interest Update

Xtrackers Russell US Multifactor ETF (NYSEARCA:DEUS) was the recipient of a large drop in short interest in May. As of May 29th, there was short interest totaling 22,187 shares, a drop of 37.2% from the May 14th total of 35,342 shares. Currently, 0.5% of the shares of the stock are sold short. Based on an average daily volume of 6,515 shares, the days-to-cover ratio is presently 3.4 days.

Xtrackers Russell US Multifactor ETF Stock Performance

Xtrackers Russell US Multifactor ETF stock opened at $65.54 on Monday. The stock has a market cap of $265.44 million, a PE ratio of 18.40 and a beta of 0.87. The stock has a 50-day moving average price of $63.12 and a 200 day moving average price of $61.28. Xtrackers Russell US Multifactor ETF has a 52 week low of $54.64 and a 52 week high of $65.66.

Institutional Trading of Xtrackers Russell US Multifactor ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in DEUS. Ameriprise Financial Inc. grew its holdings in Xtrackers Russell US Multifactor ETF by 93.6% in the 3rd quarter. Ameriprise Financial Inc. now owns 335,885 shares of the company’s stock valued at $19,500,000 after buying an additional 162,410 shares during the period. Flow Traders U.S. LLC purchased a new stake in Xtrackers Russell US Multifactor ETF in the 2nd quarter valued at about $265,000. Finally, L & S Advisors Inc grew its holdings in 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 valued at $2,191,000 after buying an additional 1,471 shares during the period.

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.