Xtrackers Russell 1000 US QARP ETF (NYSEARCA:QARP) Sees Large Increase in Short Interest

Xtrackers Russell 1000 US QARP ETF (NYSEARCA:QARP) saw a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 1,051 shares, a growth of 94.6% from the July 30th total of 540 shares. Based on an average daily volume of 1,068 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.1% of the shares of the company are short sold.

Xtrackers Russell 1000 US QARP ETF Price Performance

Shares of NYSEARCA QARP traded up $0.08 during midday trading on Friday, hitting $68.34. 931 shares of the company’s stock were exchanged, compared to its average volume of 2,781. The stock’s 50 day moving average price is $66.44 and its 200-day moving average price is $63.88. The firm has a market cap of $78.59 million, a P/E ratio of 20.94 and a beta of 0.90. Xtrackers Russell 1000 US QARP ETF has a twelve month low of $55.45 and a twelve month high of $68.65.

Xtrackers Russell 1000 US QARP ETF Company Profile

The Xtrackers Russell 1000 US Quality at a Reasonable Price ETF (QARP) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks and index of US large-cap companies, selected and weighted based upon a combination of quality and value metrics. Quality metrics are given greater weight. QARP was launched on Apr 5, 2018 and is managed by Xtrackers.