Davis Select Worldwide ETF (BATS:DWLD) Short Interest Up 200.5% in June

Davis Select Worldwide ETF (BATS:DWLD) saw a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 20,279 shares, an increase of 200.5% from the June 15th total of 6,749 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily volume of 26,120 shares, the days-to-cover ratio is presently 0.8 days.

Institutional Investors Weigh In On Davis Select Worldwide ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Birchwood Financial Partners Inc. acquired a new stake in shares of Davis Select Worldwide ETF in the fourth quarter valued at approximately $46,000. Fifth Third Bancorp acquired a new position in shares of Davis Select Worldwide ETF in the 1st quarter valued at $97,000. NBZ Investment Advisors LLC purchased a new stake in Davis Select Worldwide ETF in the 1st quarter valued at $200,000. Mariner LLC raised its position in Davis Select Worldwide ETF by 10.8% in the 3rd quarter. Mariner LLC now owns 6,590 shares of the company’s stock valued at $298,000 after purchasing an additional 640 shares during the last quarter. Finally, NewEdge Advisors LLC purchased a new stake in Davis Select Worldwide ETF in the 3rd quarter valued at $326,000.

Davis Select Worldwide ETF Price Performance

Shares of DWLD traded down $0.07 during midday trading on Monday, reaching $47.40. 2,165 shares of the stock were exchanged, compared to its average volume of 23,664. Davis Select Worldwide ETF has a twelve month low of $40.69 and a twelve month high of $49.01. The company has a market capitalization of $494.38 million, a price-to-earnings ratio of 15.51 and a beta of 0.82. The business’s 50-day moving average price is $47.21 and its 200 day moving average price is $46.42.

Davis Select Worldwide ETF Company Profile

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.