Short Interest in Davis Select Worldwide ETF (BATS:DWLD) Decreases By 47.9%

Davis Select Worldwide ETF (BATS:DWLD) saw a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 11,079 shares, a decrease of 47.9% from the April 15th total of 21,260 shares. Based on an average trading volume of 16,340 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.1% of the company’s stock are sold short.

Hedge Funds Weigh In On Davis Select Worldwide ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. LPL Financial LLC raised its stake in Davis Select Worldwide ETF by 64.0% in the fourth quarter. LPL Financial LLC now owns 388,586 shares of the company’s stock worth $18,124,000 after buying an additional 151,593 shares in the last quarter. Morgan Stanley boosted its position in Davis Select Worldwide ETF by 7.1% during the 4th quarter. Morgan Stanley now owns 1,680,607 shares of the company’s stock valued at $78,384,000 after acquiring an additional 111,744 shares in the last quarter. Melone Private Wealth LLC bought a new stake in Davis Select Worldwide ETF during the 4th quarter valued at $4,897,000. Integrity Wealth Advisors Inc. increased its holdings in shares of Davis Select Worldwide ETF by 88.4% in the 3rd quarter. Integrity Wealth Advisors Inc. now owns 118,770 shares of the company’s stock valued at $5,135,000 after acquiring an additional 55,739 shares during the period. Finally, Cetera Investment Advisers increased its holdings in shares of Davis Select Worldwide ETF by 7.1% in the 1st quarter. Cetera Investment Advisers now owns 780,871 shares of the company’s stock valued at $34,210,000 after acquiring an additional 52,074 shares during the period.

Davis Select Worldwide ETF Price Performance

Shares of Davis Select Worldwide ETF stock opened at $47.25 on Friday. The stock has a market cap of $492.82 million, a price-to-earnings ratio of 15.51 and a beta of 0.82. The firm’s 50-day moving average is $45.45 and its two-hundred day moving average is $46.01. Davis Select Worldwide ETF has a 1 year low of $38.49 and a 1 year high of $48.37.

About Davis Select Worldwide ETF

The Davis Select Worldwide ETF (DWLD) is an exchange-traded fund that is based on the MSCI AWCI index. The fund is an actively-managed portfolio of global equities. The fund seeks long-term capital growth. DWLD was launched on Jan 11, 2017 and is managed by Davis.