Global X Adaptive U.S. Factor ETF (NYSEARCA:AUSF) Short Interest Up 87.0% in August

Global X Adaptive U.S. Factor ETF (NYSEARCA:AUSF) was the recipient of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 41,719 shares, a growth of 87.0% from the July 30th total of 22,314 shares. Based on an average daily volume of 63,332 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.2% of the company’s stock are short sold.

Global X Adaptive U.S. Factor ETF Trading Up 0.2%

Shares of AUSF stock traded up $0.09 on Friday, hitting $52.11. 50,934 shares of the stock were exchanged, compared to its average volume of 76,180. The firm has a market capitalization of $910.36 million, a P/E ratio of 13.73 and a beta of 0.66. The business has a 50-day moving average of $50.93 and a 200 day moving average of $49.71. Global X Adaptive U.S. Factor ETF has a fifty-two week low of $44.40 and a fifty-two week high of $52.79.

Hedge Funds Weigh In On Global X Adaptive U.S. Factor ETF

Several hedge funds have recently made changes to their positions in AUSF. Waddell & Associates LLC lifted its position in shares of Global X Adaptive U.S. Factor ETF by 3.4% in the fourth quarter. Waddell & Associates LLC now owns 1,593,001 shares of the company’s stock worth $73,867,000 after purchasing an additional 52,377 shares in the last quarter. LPL Financial LLC increased its stake in Global X Adaptive U.S. Factor ETF by 31.8% in the 4th quarter. LPL Financial LLC now owns 1,252,765 shares of the company’s stock valued at $58,091,000 after buying an additional 302,286 shares during the last quarter. Bogart Wealth LLC increased its stake in Global X Adaptive U.S. Factor ETF by 1.1% in the 1st quarter. Bogart Wealth LLC now owns 967,641 shares of the company’s stock valued at $46,785,000 after buying an additional 10,317 shares during the last quarter. Private Advisor Group LLC increased its stake in Global X Adaptive U.S. Factor ETF by 35.7% in the 4th quarter. Private Advisor Group LLC now owns 428,231 shares of the company’s stock valued at $19,857,000 after buying an additional 112,600 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its position in Global X Adaptive U.S. Factor ETF by 115.9% during the 2nd quarter. Raymond James Financial Inc. now owns 326,204 shares of the company’s stock worth $14,581,000 after buying an additional 175,136 shares in the last quarter.

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. AUSF was launched on Aug 24, 2018 and is managed by Global X.