Short Interest in Distillate Small/Mid Cash Flow ETF (NYSE:DSMC) Increases By 943.4%

Distillate Small/Mid Cash Flow ETF (NYSE:DSMC) was the recipient of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 6,010 shares, an increase of 943.4% from the August 15th total of 576 shares. Based on an average trading volume of 12,194 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.2% of the shares of the company are short sold.

Distillate Small/Mid Cash Flow ETF Trading Up 1.2%

Shares of DSMC stock traded up $0.53 during trading hours on Friday, hitting $43.68. 7,266 shares of the company were exchanged, compared to its average volume of 8,055. The firm has a fifty day simple moving average of $42.99 and a 200 day simple moving average of $40.25. Distillate Small/Mid Cash Flow ETF has a 52-week low of $32.94 and a 52-week high of $44.49. The stock has a market capitalization of $140.66 million, a price-to-earnings ratio of 11.45 and a beta of 0.96.

Institutional Trading of Distillate Small/Mid Cash Flow ETF

An institutional investor recently raised its stake in Distillate Small/Mid Cash Flow ETF stock. Madison Asset Management LLC grew its position in shares of Distillate Small/Mid Cash Flow ETF (NYSE:DSMC) by 2.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 62,066 shares of the company’s stock after buying an additional 1,566 shares during the period. Madison Asset Management LLC owned 1.94% of Distillate Small/Mid Cash Flow ETF worth $2,323,000 at the end of the most recent reporting period.

About Distillate Small/Mid Cash Flow ETF

The Distillate Small\u002FMid Cash Flow ETF (DSMC) is an exchange-traded fund that mostly invests in extended market equity. The fund is an actively managed portfolio of US mid- and small-cap stocks selected based on free cash flow yield. DSMC was launched on Oct 5, 2022 and is managed by Distillate.