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

Distillate U.S. Fundamental Stability & Value ETF (NYSEARCA:DSTL) was the target of a significant increase in short interest in January. As of January 30th, there was short interest totaling 24,477 shares, an increase of 28.2% from the January 15th total of 19,096 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 152,796 shares, the short-interest ratio is presently 0.2 days. Based on an average trading volume of 152,796 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the company’s shares are sold short.

Distillate U.S. Fundamental Stability & Value ETF Trading Up 1.0%

NYSEARCA DSTL traded up $0.61 during trading on Monday, hitting $61.47. The company had a trading volume of 67,946 shares, compared to its average volume of 120,045. The company’s fifty day moving average is $59.94 and its 200-day moving average is $58.21. Distillate U.S. Fundamental Stability & Value ETF has a one year low of $47.67 and a one year high of $61.94. The company has a market cap of $1.93 billion, a price-to-earnings ratio of 16.69 and a beta of 0.93.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Team Financial Group LLC bought a new stake in Distillate U.S. Fundamental Stability & Value ETF in the third quarter worth $59,000. EverSource Wealth Advisors LLC boosted its stake in Distillate U.S. Fundamental Stability & Value ETF by 5,565.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,643 shares of the company’s stock worth $91,000 after purchasing an additional 1,614 shares in the last quarter. DMC Group LLC purchased a new stake in Distillate U.S. Fundamental Stability & Value ETF during the 3rd quarter valued at about $201,000. Flagship Harbor Advisors LLC grew its position in Distillate U.S. Fundamental Stability & Value ETF by 1.2% during the 4th quarter. Flagship Harbor Advisors LLC now owns 29,839 shares of the company’s stock valued at $1,758,000 after purchasing an additional 359 shares during the last quarter. Finally, Aspect Partners LLC increased its stake in Distillate U.S. Fundamental Stability & Value ETF by 9.1% during the 2nd quarter. Aspect Partners LLC now owns 44,727 shares of the company’s stock valued at $2,476,000 after purchasing an additional 3,731 shares in 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.