Davis Select Worldwide ETF (BATS:DWLD) Sees Significant Decline in Short Interest

Davis Select Worldwide ETF (BATS:DWLD) was the recipient of a large decrease in short interest in April. As of April 30th, there was short interest totaling 11,079 shares, a decrease of 47.9% from the April 15th total of 21,260 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 16,340 shares, the short-interest ratio is currently 0.7 days.

Davis Select Worldwide ETF Trading Up 0.2%

BATS DWLD traded up $0.10 on Monday, hitting $47.35. 1,338 shares of the company traded hands, compared to its average volume of 24,621. The business’s 50 day moving average price is $45.45 and its 200-day moving average price is $46.01. Davis Select Worldwide ETF has a 52-week low of $38.49 and a 52-week high of $48.37. The company has a market capitalization of $493.86 million, a price-to-earnings ratio of 15.51 and a beta of 0.82.

Institutional Investors Weigh In On Davis Select Worldwide ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in DWLD. LPL Financial LLC boosted its position in shares of Davis Select Worldwide ETF by 64.0% in the fourth quarter. LPL Financial LLC now owns 388,586 shares of the company’s stock worth $18,124,000 after purchasing an additional 151,593 shares during the period. Morgan Stanley raised its position in shares of Davis Select Worldwide ETF by 7.1% during the 4th quarter. Morgan Stanley now owns 1,680,607 shares of the company’s stock valued at $78,384,000 after purchasing an additional 111,744 shares during the period. Melone Private Wealth LLC purchased a new position in shares of Davis Select Worldwide ETF during the 4th quarter valued at $4,897,000. Integrity Wealth Advisors Inc. boosted its holdings in Davis Select Worldwide ETF by 88.4% in the 3rd quarter. Integrity Wealth Advisors Inc. now owns 118,770 shares of the company’s stock worth $5,135,000 after buying an additional 55,739 shares during the period. Finally, Cetera Investment Advisers boosted its holdings in Davis Select Worldwide ETF by 7.1% in the 1st quarter. Cetera Investment Advisers now owns 780,871 shares of the company’s stock worth $34,210,000 after buying an additional 52,074 shares during the period.

Davis Select Worldwide ETF Company Profile

The Davis Select Worldwide ETF (DWLD) is an exchange-traded fund that is based on the MSCI AWCI index. The fund is an actively-managed portfolio of global equities. The fund seeks long-term capital growth. DWLD was launched on Jan 11, 2017 and is managed by Davis.