Short Interest in Distillate U.S. Fundamental Stability & Value ETF (NYSEARCA:DSTL) Expands By 98.9%

Distillate U.S. Fundamental Stability & Value ETF (NYSEARCA:DSTL) was the recipient of a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 32,699 shares, an increase of 98.9% from the February 12th total of 16,443 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 122,009 shares, the days-to-cover ratio is currently 0.3 days. Based on an average trading volume of 122,009 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the shares of the stock are sold short.

Distillate U.S. Fundamental Stability & Value ETF Stock Down 0.1%

Shares of DSTL stock traded down $0.04 during trading on Friday, hitting $58.62. The company had a trading volume of 82,923 shares, compared to its average volume of 118,270. The stock’s 50-day moving average is $60.60 and its two-hundred day moving average is $58.88. The stock has a market capitalization of $1.84 billion, a price-to-earnings ratio of 16.69 and a beta of 0.93. Distillate U.S. Fundamental Stability & Value ETF has a 52 week low of $47.67 and a 52 week high of $62.02.

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

Institutional investors have recently made changes to their positions in the stock. LRI Investments LLC raised its position 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 valued at $2,904,000 after buying an additional 40,295 shares in the last quarter. DMC Group LLC purchased a new position in Distillate U.S. Fundamental Stability & Value ETF in the third quarter worth $201,000. Team Financial Group LLC increased its stake in Distillate U.S. Fundamental Stability & Value ETF by 73.2% in the fourth quarter. Team Financial Group LLC now owns 1,777 shares of the company’s stock valued at $105,000 after acquiring an additional 751 shares during the last quarter. JPMorgan Chase & Co. increased its stake in Distillate U.S. Fundamental Stability & Value ETF by 51.6% in the third quarter. JPMorgan Chase & Co. now owns 123,100 shares of the company’s stock valued at $7,135,000 after acquiring an additional 41,886 shares during the last quarter. Finally, Flagship Harbor Advisors LLC raised its position in 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 purchasing an additional 359 shares in the last quarter.

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.