Brandywine GLOBAL Dynamic US Large Cap Value ETF (NASDAQ:DVAL) Sees Large Decline in Short Interest

Brandywine GLOBAL Dynamic US Large Cap Value ETF (NASDAQ:DVAL) was the recipient of a significant decrease in short interest in June. As of June 15th, there was short interest totaling 1,352 shares, a decrease of 64.9% from the May 31st total of 3,848 shares. Based on an average daily trading volume, of 2,901 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of DVAL. Raymond James Financial Inc. increased its holdings in shares of Brandywine GLOBAL Dynamic US Large Cap Value ETF by 20.9% in the second quarter. Raymond James Financial Inc. now owns 190,944 shares of the company’s stock worth $2,703,000 after purchasing an additional 32,945 shares during the period. Franklin Resources Inc. grew its position in Brandywine GLOBAL Dynamic US Large Cap Value ETF by 1.5% during the third quarter. Franklin Resources Inc. now owns 1,488,389 shares of the company’s stock worth $21,634,000 after buying an additional 21,829 shares in the last quarter. Susquehanna International Group LLP increased its stake in Brandywine GLOBAL Dynamic US Large Cap Value ETF by 60.5% in the 3rd quarter. Susquehanna International Group LLP now owns 20,300 shares of the company’s stock worth $295,000 after acquiring an additional 7,654 shares during the last quarter. LPL Financial LLC increased its stake in Brandywine GLOBAL Dynamic US Large Cap Value ETF by 5.9% in the 4th quarter. LPL Financial LLC now owns 158,727 shares of the company’s stock worth $2,284,000 after acquiring an additional 8,828 shares during the last quarter. Finally, EverSource Wealth Advisors LLC bought a new position in Brandywine GLOBAL Dynamic US Large Cap Value ETF in the 1st quarter worth about $54,000.

Brandywine GLOBAL Dynamic US Large Cap Value ETF Stock Up 0.1%

NASDAQ:DVAL traded up $0.01 during mid-day trading on Friday, hitting $15.73. 3,358 shares of the stock traded hands, compared to its average volume of 34,097. The business’s 50-day moving average price is $15.31 and its 200 day moving average price is $15.02. The company has a market cap of $81.80 million, a PE ratio of 14.48 and a beta of 0.61. Brandywine GLOBAL Dynamic US Large Cap Value ETF has a 12-month low of $14.00 and a 12-month high of $15.83.

About Brandywine GLOBAL Dynamic US Large Cap Value ETF

The BrandywineGLOBAL Dynamic U.S. Large Cap Value ETF (DVAL) is an exchange-traded fund that is based on the Russell 1000 Value index. The fund is actively managed to hold a portfolio of US large-cap value companies. Stocks are selected using a proprietary multi-factor approach. DVAL was launched on Dec 27, 2006 and is managed by Franklin Templeton.