Davis Select U.S. Equity ETF (BATS:DUSA) Short Interest Update

Davis Select U.S. Equity ETF (BATS:DUSA) was the recipient of a significant decline in short interest in the month of April. As of April 30th, there was short interest totaling 7,747 shares, a decline of 73.6% from the April 15th total of 29,335 shares. Based on an average trading volume of 54,172 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Davis Select U.S. Equity ETF Trading Up 0.3%

Shares of DUSA stock traded up $0.15 during mid-day trading on Wednesday, reaching $56.17. The stock had a trading volume of 19,423 shares, compared to its average volume of 60,207. The stock’s 50-day moving average price is $52.52 and its two-hundred day moving average price is $51.46. Davis Select U.S. Equity ETF has a 52-week low of $42.27 and a 52-week high of $56.22. The firm has a market capitalization of $887.49 million, a PE ratio of 17.61 and a beta of 0.97.

Hedge Funds Weigh In On Davis Select U.S. Equity ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Morgan Stanley increased its position in shares of Davis Select U.S. Equity ETF by 3.9% during the fourth quarter. Morgan Stanley now owns 4,312,238 shares of the company’s stock valued at $220,485,000 after buying an additional 163,801 shares during the period. Bank of America Corp DE increased its position in shares of Davis Select U.S. Equity ETF by 66.5% during the third quarter. Bank of America Corp DE now owns 1,041,927 shares of the company’s stock valued at $49,908,000 after buying an additional 416,004 shares during the period. Kestra Advisory Services LLC increased its position in shares of Davis Select U.S. Equity ETF by 2.1% during the fourth quarter. Kestra Advisory Services LLC now owns 921,862 shares of the company’s stock valued at $47,135,000 after buying an additional 19,364 shares during the period. UBS Group AG increased its position in shares of Davis Select U.S. Equity ETF by 3.0% during the fourth quarter. UBS Group AG now owns 564,410 shares of the company’s stock valued at $28,858,000 after buying an additional 16,521 shares during the period. Finally, Next Level Private LLC increased its position in shares of Davis Select U.S. Equity ETF by 16.7% during the first quarter. Next Level Private LLC now owns 435,158 shares of the company’s stock valued at $22,080,000 after buying an additional 62,218 shares during the period.

About Davis Select U.S. Equity ETF

The Davis Select U.S. Equity ETF (DUSA) is an exchange-traded fund that is based on the S&P 500 index. The fund is an actively-managed portfolio of US large-cap stocks. The fund seeks long-term capital growth and capital preservation. DUSA was launched on Jan 11, 2017 and is managed by Davis.