Distillate Small/Mid Cash Flow ETF (NYSE:DSMC) Short Interest Up 943.4% in August

Distillate Small/Mid Cash Flow ETF (NYSE:DSMC) was the recipient of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 6,010 shares, an increase of 943.4% from the August 15th total of 576 shares. Based on an average trading volume of 12,194 shares, the short-interest ratio is presently 0.5 days. Approximately 0.2% of the company’s shares are sold short.

Hedge Funds Weigh In On Distillate Small/Mid Cash Flow ETF

A hedge fund recently bought a new position in Distillate Small/Mid Cash Flow ETF stock. Rothschild Wealth LLC purchased a new position in shares of Distillate Small/Mid Cash Flow ETF (NYSE:DSMC) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 242,891 shares of the company’s stock, valued at approximately $8,615,000. Rothschild Wealth LLC owned approximately 7.59% of Distillate Small/Mid Cash Flow ETF as of its most recent filing with the SEC.

Distillate Small/Mid Cash Flow ETF Stock Performance

Shares of NYSE:DSMC traded down $0.23 during midday trading on Thursday, reaching $43.20. The company’s stock had a trading volume of 51,268 shares, compared to its average volume of 8,060. The firm has a market capitalization of $139.10 million, a price-to-earnings ratio of 11.45 and a beta of 0.96. The firm has a 50 day moving average price of $42.93 and a two-hundred day moving average price of $40.22. Distillate Small/Mid Cash Flow ETF has a fifty-two week low of $32.94 and a fifty-two week high of $44.49.

About Distillate Small/Mid Cash Flow ETF

The Distillate Small\u002FMid Cash Flow ETF (DSMC) is an exchange-traded fund that mostly invests in extended market equity. The fund is an actively managed portfolio of US mid- and small-cap stocks selected based on free cash flow yield. DSMC was launched on Oct 5, 2022 and is managed by Distillate.