Distillate U.S. Fundamental Stability & Value ETF (NYSEARCA:DSTL) Sees Large Drop in Short Interest

Distillate U.S. Fundamental Stability & Value ETF (NYSEARCA:DSTL) was the recipient of a significant drop in short interest during the month of December. As of December 31st, there was short interest totaling 62,494 shares, a drop of 38.2% from the December 15th total of 101,072 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 71,716 shares, the days-to-cover ratio is currently 0.9 days. Based on an average daily volume of 71,716 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.2% of the company’s shares are short sold.

Distillate U.S. Fundamental Stability & Value ETF Trading Down 0.7%

NYSEARCA:DSTL traded down $0.44 during trading hours on Friday, hitting $60.29. 42,147 shares of the company were exchanged, compared to its average volume of 92,486. The stock has a market capitalization of $1.90 billion, a price-to-earnings ratio of 16.69 and a beta of 0.93. Distillate U.S. Fundamental Stability & Value ETF has a one year low of $47.67 and a one year high of $60.80. The company has a fifty day simple moving average of $58.79 and a 200 day simple moving average of $57.53.

Institutional Trading of Distillate U.S. Fundamental Stability & Value ETF

Several institutional investors have recently added to or reduced their stakes in DSTL. Team Financial Group LLC lifted its position in Distillate U.S. Fundamental Stability & Value ETF by 73.2% in the 4th quarter. Team Financial Group LLC now owns 1,777 shares of the company’s stock valued at $105,000 after acquiring an additional 751 shares in the last quarter. LRI Investments LLC boosted its position in shares of Distillate U.S. Fundamental Stability & Value ETF by 8.9% during the second quarter. LRI Investments LLC now owns 9,805 shares of the company’s stock valued at $543,000 after buying an additional 801 shares during the last quarter. Adirondack Trust Co. purchased a new position in shares of Distillate U.S. Fundamental Stability & Value ETF during the second quarter valued at approximately $47,000. EverSource Wealth Advisors LLC grew its holdings in Distillate U.S. Fundamental Stability & Value ETF by 5,565.5% during the second quarter. EverSource Wealth Advisors LLC now owns 1,643 shares of the company’s stock worth $91,000 after buying an additional 1,614 shares in the last quarter. Finally, Aspect Partners LLC raised its position in Distillate U.S. Fundamental Stability & Value ETF by 7.6% in the 3rd quarter. Aspect Partners LLC now owns 48,119 shares of the company’s stock valued at $2,789,000 after buying an additional 3,392 shares during the last quarter.

Distillate U.S. Fundamental Stability & Value ETF Company Profile

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. DSTL was launched on Oct 24, 2018 and is managed by Distillate.