Let denote the spatial induced metric and . Its conformally rescaled version has determinant one. The Jacobi determinant derivative formula consequently gives
Thus the determinant measures the volume-changing part of the spatial metric, while the unit-determinant part contains shape changes. Metric compatibility for the spatial covariant derivative also gives .
There is a sign inconsistency in the PDF. Contracting its defining expression for , with its threading convention and its future normal , gives
not the displayed trace with a minus sign before the divergence. This is the trace of extrinsic curvature with a negative shift. For a concrete check, take , and . The defining formula gives and , whereas the printed trace would give . Reversing the shift convention can produce the other trace formula, but also changes the shift terms in and the normal; the two conventions cannot be combined.
For the requested expansion interpretation, set the shift vector to zero. The sign discrepancy then disappears. A small coordinate volume has proper volume proportional to , and proper time along its normal is . Its expansion rate is
Therefore
This is the local volume Hubble parameter, the mean of the three local directional expansion rates. In a homogeneous isotropic background , it reduces to . The interpretation does not require the local expansion to be isotropic: the trace-free part of the extrinsic curvature can still describe shear.