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

Xtrackers Russell US Multifactor ETF (NYSEARCA:DEUS) was the target of a large decrease in short interest during the month of April. As of April 30th, there was short interest totaling 14,825 shares, a decrease of 41.8% from the April 15th total of 25,486 shares. Based on an average daily trading volume, of 15,728 shares, the short-interest ratio is presently 0.9 days. Approximately 0.4% of the shares of the company are short sold.

Xtrackers Russell US Multifactor ETF Stock Up 0.4%

Shares of NYSEARCA:DEUS opened at $62.97 on Tuesday. Xtrackers Russell US Multifactor ETF has a fifty-two week low of $54.31 and a fifty-two week high of $63.85. The firm has a 50-day simple moving average of $61.55 and a 200 day simple moving average of $60.35. The company has a market cap of $255.03 million, a PE ratio of 18.40 and a beta of 0.88.

Institutional Investors Weigh In On Xtrackers Russell US Multifactor ETF

Institutional investors have recently modified their holdings of the business. Flow Traders U.S. LLC bought a new stake in shares of Xtrackers Russell US Multifactor ETF during the 2nd quarter valued at about $265,000. L & S Advisors Inc grew its position 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 valued at $2,191,000 after buying an additional 1,471 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its position in shares of Xtrackers Russell US Multifactor ETF by 42.8% during the 2nd quarter. Ameriprise Financial Inc. now owns 173,475 shares of the company’s stock valued at $9,752,000 after buying an additional 51,977 shares during the last quarter.

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.