Short Interest in Distillate U.S. Fundamental Stability & Value ETF (NYSEARCA:DSTL) Decreases By 38.2%

Distillate U.S. Fundamental Stability & Value ETF (NYSEARCA:DSTL) was the target of a large drop in short interest during the month of December. As of December 31st, there was short interest totaling 62,494 shares, a drop of 38.2% from the December 15th total of 101,072 shares. Based on an average trading volume of 71,716 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.2% of the company’s shares are sold short. Approximately 0.2% of the company’s shares are sold short. Based on an average trading volume of 71,716 shares, the days-to-cover ratio is presently 0.9 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in DSTL. Aspect Partners LLC grew its position in shares of Distillate U.S. Fundamental Stability & Value ETF by 9.1% in the 2nd quarter. Aspect Partners LLC now owns 44,727 shares of the company’s stock valued at $2,476,000 after purchasing an additional 3,731 shares during the period. LRI Investments LLC lifted its stake in Distillate U.S. Fundamental Stability & Value ETF by 8.9% in the second quarter. LRI Investments LLC now owns 9,805 shares of the company’s stock valued at $543,000 after buying an additional 801 shares in the last quarter. Steel Grove Capital Advisors LLC boosted its holdings in shares of Distillate U.S. Fundamental Stability & Value ETF by 1.9% in the second quarter. Steel Grove Capital Advisors LLC now owns 606,155 shares of the company’s stock valued at $33,551,000 after buying an additional 11,401 shares during the period. Adirondack Trust Co. acquired a new stake in shares of Distillate U.S. Fundamental Stability & Value ETF during the second quarter worth $47,000. Finally, Team Financial Group LLC bought a new stake in Distillate U.S. Fundamental Stability & Value ETF in the 3rd quarter valued at $59,000.

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

NYSEARCA:DSTL traded down $0.44 during trading hours on Friday, hitting $60.29. The stock had a trading volume of 42,147 shares, compared to its average volume of 92,486. The business’s 50 day moving average is $58.86 and its 200-day moving average is $57.56. The company has a market cap of $1.90 billion, a price-to-earnings ratio of 16.69 and a beta of 0.93. Distillate U.S. Fundamental Stability & Value ETF has a one year low of $47.67 and a one year high of $60.80.

About Distillate U.S. Fundamental Stability & Value ETF

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.