Short Interest in Distillate U.S. Fundamental Stability & Value ETF (NYSEARCA:DSTL) Expands By 90.1%

Distillate U.S. Fundamental Stability & Value ETF (NYSEARCA:DSTL) saw a large increase in short interest in May. As of May 31st, there was short interest totalling 36,300 shares, an increase of 90.1% from the May 15th total of 19,100 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 127,400 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in DSTL. JPMorgan Chase & Co. boosted its stake in Distillate U.S. Fundamental Stability & Value ETF by 20.4% in the fourth quarter. JPMorgan Chase & Co. now owns 28,405 shares of the company’s stock valued at $1,560,000 after acquiring an additional 4,818 shares in the last quarter. NBC Securities Inc. purchased a new position in Distillate U.S. Fundamental Stability & Value ETF in the first quarter valued at about $30,000. Park National Corp OH increased its stake in shares of Distillate U.S. Fundamental Stability & Value ETF by 2.6% during the 1st quarter. Park National Corp OH now owns 611,727 shares of the company’s stock worth $33,180,000 after purchasing an additional 15,381 shares in the last quarter. Aspect Partners LLC increased its stake in shares of Distillate U.S. Fundamental Stability & Value ETF by 6.4% during the 4th quarter. Aspect Partners LLC now owns 43,724 shares of the company’s stock worth $2,401,000 after purchasing an additional 2,626 shares in the last quarter. Finally, Perritt Capital Management Inc grew its stake in Distillate U.S. Fundamental Stability & Value ETF by 5.4% in the 4th quarter. Perritt Capital Management Inc now owns 131,465 shares of the company’s stock worth $7,221,000 after acquiring an additional 6,791 shares during the period.

Distillate U.S. Fundamental Stability & Value ETF Stock Up 0.7%

Shares of Distillate U.S. Fundamental Stability & Value ETF stock traded up $0.37 on Monday, hitting $54.64. 77,824 shares of the company were exchanged, compared to its average volume of 119,826. The stock has a market capitalization of $1.83 billion, a price-to-earnings ratio of 17.40 and a beta of 0.94. The company has a 50-day moving average price of $52.89 and a 200 day moving average price of $54.72. Distillate U.S. Fundamental Stability & Value ETF has a 1-year low of $47.67 and a 1-year high of $59.01.

About Distillate U.S. Fundamental Stability & Value ETF

The Distillate U.S. Fundamental Stability & Value ETF (DSTL) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of large-cap stocks that score favourably for financial indebtedness, fundamental stability, and valuation. The portfolio is equally weighted, modified by free cash flow.