Davis Select Financial ETF (BATS:DFNL – Get Free Report) was the target of a significant decline in short interest during the month of May. As of May 29th, there was short interest totaling 1,523 shares, a decline of 81.2% from the May 14th total of 8,107 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 35,243 shares, the short-interest ratio is presently 0.0 days.
Davis Select Financial ETF Trading Up 0.9%
Shares of DFNL traded up $0.44 on Friday, reaching $47.53. 17,944 shares of the company’s stock were exchanged, compared to its average volume of 56,155. The stock has a market capitalization of $316.07 million, a P/E ratio of 13.00 and a beta of 0.97. The business has a 50 day moving average price of $46.60 and a two-hundred day moving average price of $47.12. Davis Select Financial ETF has a 12 month low of $40.47 and a 12 month high of $50.59.
Institutional Investors Weigh In On Davis Select Financial ETF
Institutional investors and hedge funds have recently modified their holdings of the business. Fifth Third Bancorp acquired a new stake in shares of Davis Select Financial ETF during the first quarter worth $39,000. Capital Investment Advisory Services LLC acquired a new stake in shares of Davis Select Financial ETF during the third quarter worth $46,000. Wells Fargo & Company MN raised its holdings in shares of Davis Select Financial ETF by 25.5% during the fourth quarter. Wells Fargo & Company MN now owns 1,378 shares of the company’s stock worth $67,000 after acquiring an additional 280 shares during the period. Private Advisor Group LLC raised its holdings in shares of Davis Select Financial ETF by 7.1% during the first quarter. Private Advisor Group LLC now owns 5,008 shares of the company’s stock worth $225,000 after acquiring an additional 330 shares during the period. Finally, Kovack Advisors Inc. acquired a new stake in shares of Davis Select Financial ETF during the fourth quarter worth $456,000.
Davis Select Financial ETF Company Profile
The Davis Select Financial ETF (DFNL) is an exchange-traded fund that is based on the S&P 500 Financials index. The fund is an actively-managed portfolio of global financial sector stocks. The fund seeks long-term growth of capital. DFNL was launched on Jan 11, 2017 and is managed by Davis.
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