Xtrackers Russell US Multifactor ETF (NYSEARCA:DEUS) Short Interest Up 157.4% in March

Xtrackers Russell US Multifactor ETF (NYSEARCA:DEUS) was the recipient of a significant increase in short interest during 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. Based on an average daily trading volume, of 32,696 shares, the days-to-cover ratio is currently 1.2 days. Currently, 1.1% of the company’s stock are short sold.

Institutional Investors Weigh In On Xtrackers Russell US Multifactor ETF

Institutional investors have recently made changes to their positions in the company. Pinnacle Bancorp Inc. lifted its holdings in shares of Xtrackers Russell US Multifactor ETF by 6.3% in 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 last quarter. Flow Traders U.S. LLC bought a new stake in Xtrackers Russell US Multifactor ETF during the 2nd quarter valued at about $265,000. L & S Advisors Inc lifted its holdings in 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 in the last quarter. Finally, Ameriprise Financial Inc. lifted its holdings in 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 in the last quarter.

Xtrackers Russell US Multifactor ETF Trading Down 0.9%

Shares of DEUS stock opened at $61.56 on Friday. The firm’s 50 day moving average is $61.37 and its 200 day moving average is $59.48. The stock has a market capitalization of $233.93 million, a P/E ratio of 18.40 and a beta of 0.91. Xtrackers Russell US Multifactor ETF has a 12-month low of $49.73 and a 12-month high of $63.55.

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.