Distillate U.S. Fundamental Stability & Value ETF (NYSEARCA:DSTL) Sees Significant Growth in Short Interest

Distillate U.S. Fundamental Stability & Value ETF (NYSEARCA:DSTL) was the target of a significant growth in short interest in December. As of December 15th, there was short interest totaling 101,072 shares, a growth of 99.6% from the November 30th total of 50,629 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average daily volume of 97,460 shares, the days-to-cover ratio is presently 1.0 days. Based on an average daily volume of 97,460 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.3% of the company’s stock are sold short.

Hedge Funds Weigh In On Distillate U.S. Fundamental Stability & Value ETF

A number of hedge funds have recently modified their holdings of the stock. JPMorgan Chase & Co. raised its holdings in shares of Distillate U.S. Fundamental Stability & Value ETF by 51.6% during the third quarter. JPMorgan Chase & Co. now owns 123,100 shares of the company’s stock worth $7,135,000 after acquiring an additional 41,886 shares in the last quarter. Aspect Partners LLC raised its stake in shares of Distillate U.S. Fundamental Stability & Value ETF by 7.6% during the 3rd quarter. Aspect Partners LLC now owns 48,119 shares of the company’s stock worth $2,789,000 after purchasing an additional 3,392 shares in the last quarter. LRI Investments LLC raised its stake in shares of Distillate U.S. Fundamental Stability & Value ETF by 411.0% during the 3rd quarter. LRI Investments LLC now owns 50,100 shares of the company’s stock worth $2,904,000 after purchasing an additional 40,295 shares in the last quarter. DMC Group LLC acquired a new stake in shares of Distillate U.S. Fundamental Stability & Value ETF during the 3rd quarter valued at about $201,000. Finally, Team Financial Group LLC bought a new stake in shares of Distillate U.S. Fundamental Stability & Value ETF in the 3rd quarter valued at approximately $59,000.

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

DSTL traded down $0.39 on Monday, reaching $59.52. 16,112 shares of the company traded hands, compared to its average volume of 113,974. The company has a market cap of $1.87 billion, a price-to-earnings ratio of 16.69 and a beta of 0.93. The stock’s 50 day moving average price is $58.14 and its 200-day moving average price is $57.06. Distillate U.S. Fundamental Stability & Value ETF has a 52-week low of $47.67 and a 52-week high of $59.93.

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.