Brandywine GLOBAL Dynamic US Large Cap Value ETF (NASDAQ:DVAL) Sees Significant Increase in Short Interest

Brandywine GLOBAL Dynamic US Large Cap Value ETF (NASDAQ:DVAL) was the recipient of a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 1,282 shares, an increase of 54.1% from the December 31st total of 832 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 18,560 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 18,560 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Brandywine GLOBAL Dynamic US Large Cap Value ETF Price Performance

Shares of DVAL traded up $0.11 during mid-day trading on Friday, reaching $14.99. The stock had a trading volume of 134,580 shares, compared to its average volume of 19,864. Brandywine GLOBAL Dynamic US Large Cap Value ETF has a 52-week low of $11.87 and a 52-week high of $14.98. The firm has a market cap of $119.91 million, a price-to-earnings ratio of 14.48 and a beta of 0.70. The business’s fifty day moving average is $14.60 and its 200 day moving average is $14.44.

Brandywine GLOBAL Dynamic US Large Cap Value ETF Cuts Dividend

The company also recently declared an annual dividend, which was paid on Monday, December 29th. Stockholders of record on Friday, December 19th were issued a dividend of $0.2877 per share. The ex-dividend date was Friday, December 19th. This represents a dividend yield of 200.0%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Raymond James Financial Inc. grew its position in Brandywine GLOBAL Dynamic US Large Cap Value ETF by 20.9% in the second quarter. Raymond James Financial Inc. now owns 190,944 shares of the company’s stock worth $2,703,000 after acquiring an additional 32,945 shares during the period. AE Wealth Management LLC acquired a new position in shares of Brandywine GLOBAL Dynamic US Large Cap Value ETF in the 3rd quarter valued at $108,000. Franklin Resources Inc. grew its holdings in shares of Brandywine GLOBAL Dynamic US Large Cap Value ETF by 1.5% during the 3rd quarter. Franklin Resources Inc. now owns 1,488,389 shares of the company’s stock worth $21,634,000 after purchasing an additional 21,829 shares during the period. Finally, Susquehanna International Group LLP grew its holdings in shares of Brandywine GLOBAL Dynamic US Large Cap Value ETF by 60.5% during the 3rd quarter. Susquehanna International Group LLP now owns 20,300 shares of the company’s stock worth $295,000 after purchasing an additional 7,654 shares during the period.

About Brandywine GLOBAL Dynamic US Large Cap Value ETF

The BrandywineGLOBAL Dynamic U.S. Large Cap Value ETF (DVAL) is an exchange-traded fund that is based on the Russell 1000 Value index. The fund is actively managed to hold a portfolio of US large-cap value companies. Stocks are selected using a proprietary multi-factor approach. DVAL was launched on Dec 27, 2006 and is managed by Franklin Templeton.