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

Brandywine GLOBAL Dynamic US Large Cap Value ETF (NASDAQ:DVAL) saw a significant decline in short interest in June. As of June 15th, there was short interest totaling 1,352 shares, a decline of 64.9% from the May 31st total of 3,848 shares. Based on an average daily volume of 2,901 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. Western Wealth Management LLC purchased a new position in Brandywine GLOBAL Dynamic US Large Cap Value ETF in the 1st quarter worth $34,000. EverSource Wealth Advisors LLC bought a new position in shares of Brandywine GLOBAL Dynamic US Large Cap Value ETF during the first quarter valued at about $54,000. LPL Financial LLC increased its holdings in shares of Brandywine GLOBAL Dynamic US Large Cap Value ETF by 5.9% in the fourth quarter. LPL Financial LLC now owns 158,727 shares of the company’s stock worth $2,284,000 after buying an additional 8,828 shares during the period. Franklin Resources Inc. increased its stake in Brandywine GLOBAL Dynamic US Large Cap Value ETF by 0.6% in the 4th quarter. Franklin Resources Inc. now owns 1,496,938 shares of the company’s stock worth $21,544,000 after purchasing an additional 8,549 shares during the period. Finally, Susquehanna International Group LLP increased its stake in shares of Brandywine GLOBAL Dynamic US Large Cap Value ETF by 60.5% in the third quarter. Susquehanna International Group LLP now owns 20,300 shares of the company’s stock worth $295,000 after buying an additional 7,654 shares during the period.

Brandywine GLOBAL Dynamic US Large Cap Value ETF Stock Up 0.1%

Shares of DVAL stock traded up $0.01 during trading on Friday, hitting $15.73. The company had a trading volume of 3,358 shares, compared to its average volume of 34,097. The stock’s 50-day moving average is $15.31 and its two-hundred day moving average is $15.02. The stock has a market capitalization of $81.80 million, a price-to-earnings ratio of 14.48 and a beta of 0.61. Brandywine GLOBAL Dynamic US Large Cap Value ETF has a 52 week low of $14.00 and a 52 week high of $15.83.

Brandywine GLOBAL Dynamic US Large Cap Value ETF Company Profile

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.