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

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

Distillate U.S. Fundamental Stability & Value ETF Trading Up 0.1%

Shares of NYSEARCA:DSTL traded up $0.08 during midday trading on Friday, hitting $59.91. 52,546 shares of the stock were exchanged, compared to its average volume of 114,378. Distillate U.S. Fundamental Stability & Value ETF has a twelve month low of $47.67 and a twelve month high of $59.93. The company has a 50 day moving average price of $58.14 and a 200-day moving average price of $57.03. The stock has a market cap of $1.89 billion, a P/E ratio of 16.69 and a beta of 0.93.

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

Institutional investors have recently made changes to their positions in the stock. JPMorgan Chase & Co. increased its position in Distillate U.S. Fundamental Stability & Value ETF by 154.5% during the 2nd quarter. JPMorgan Chase & Co. now owns 81,214 shares of the company’s stock worth $4,495,000 after purchasing an additional 49,298 shares in the last quarter. LRI Investments LLC boosted 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 during the last quarter. Steel Grove Capital Advisors LLC grew its holdings in shares of Distillate U.S. Fundamental Stability & Value ETF by 1.9% during the second quarter. Steel Grove Capital Advisors LLC now owns 606,155 shares of the company’s stock worth $33,551,000 after buying an additional 11,401 shares in the last quarter. Aspect Partners LLC grew its holdings in shares of Distillate U.S. Fundamental Stability & Value ETF by 9.1% during the second quarter. Aspect Partners LLC now owns 44,727 shares of the company’s stock worth $2,476,000 after buying an additional 3,731 shares in the last quarter. Finally, DMC Group LLC acquired a new position in shares of Distillate U.S. Fundamental Stability & Value ETF in the third quarter valued at approximately $201,000.

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.