Global X Adaptive U.S. Factor ETF (NYSEARCA:AUSF) Sees Significant Decrease in Short Interest

Global X Adaptive U.S. Factor ETF (NYSEARCA:AUSF) saw a significant decrease in short interest in March. As of March 13th, there was short interest totaling 63,762 shares, a decrease of 22.7% from the February 26th total of 82,445 shares. Based on an average daily volume of 106,992 shares, the short-interest ratio is presently 0.6 days. Approximately 0.4% of the company’s shares are sold short.

Global X Adaptive U.S. Factor ETF Stock Down 0.9%

AUSF opened at $47.79 on Friday. The business has a fifty day simple moving average of $48.94 and a 200-day simple moving average of $47.10. The firm has a market cap of $780.89 million, a P/E ratio of 13.73 and a beta of 0.76. Global X Adaptive U.S. Factor ETF has a 52 week low of $38.55 and a 52 week high of $50.44.

Global X Adaptive U.S. Factor ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, February 9th. Investors of record on Wednesday, February 4th were given a dividend of $0.3073 per share. The ex-dividend date was Wednesday, February 4th. This represents a $1.23 dividend on an annualized basis and a yield of 2.6%. This is a boost from Global X Adaptive U.S. Factor ETF’s previous quarterly dividend of $0.12.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in AUSF. Grey Fox Wealth Advisors LLC acquired a new stake in shares of Global X Adaptive U.S. Factor ETF during the 3rd quarter worth about $28,000. Root Financial Partners LLC purchased a new position in shares of Global X Adaptive U.S. Factor ETF during the third quarter valued at approximately $33,000. Laurel Wealth Advisors LLC acquired a new stake in Global X Adaptive U.S. Factor ETF during the fourth quarter worth approximately $36,000. Kestra Advisory Services LLC purchased a new stake in Global X Adaptive U.S. Factor ETF in the 4th quarter worth approximately $70,000. Finally, Advisors Preferred LLC purchased a new stake in Global X Adaptive U.S. Factor ETF in the 3rd quarter worth approximately $120,000.

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.