Short Interest in Distillate U.S. Fundamental Stability & Value ETF (NYSEARCA:DSTL) Grows By 660.9%

Distillate U.S. Fundamental Stability & Value ETF (NYSEARCA:DSTL) saw a large increase in short interest in July. As of July 15th, there was short interest totaling 69,137 shares, an increase of 660.9% from the June 30th total of 9,086 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily volume of 64,259 shares, the short-interest ratio is presently 1.1 days.

Distillate U.S. Fundamental Stability & Value ETF Stock Performance

Shares of DSTL stock opened at $63.17 on Friday. Distillate U.S. Fundamental Stability & Value ETF has a one year low of $54.14 and a one year high of $64.28. The company’s 50-day moving average is $60.49 and its 200 day moving average is $59.97. The company has a market capitalization of $1.91 billion, a price-to-earnings ratio of 16.69 and a beta of 0.85.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in DSTL. Flagship Harbor Advisors LLC grew its holdings in shares of Distillate U.S. Fundamental Stability & Value ETF by 1.2% during the fourth quarter. Flagship Harbor Advisors LLC now owns 29,839 shares of the company’s stock valued at $1,758,000 after buying an additional 359 shares during the last quarter. Team Financial Group LLC raised its holdings 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 worth $105,000 after acquiring an additional 751 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position 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 valued at $91,000 after acquiring an additional 1,614 shares in the last quarter. Aspect Partners LLC lifted its position in Distillate U.S. Fundamental Stability & Value ETF by 13.9% in the 4th quarter. Aspect Partners LLC now owns 54,804 shares of the company’s stock valued at $3,228,000 after acquiring an additional 6,685 shares in the last quarter. Finally, LRI Investments LLC lifted its position in Distillate U.S. Fundamental Stability & Value ETF by 14.2% in the 4th quarter. LRI Investments LLC now owns 57,198 shares of the company’s stock valued at $3,369,000 after acquiring an additional 7,098 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.