Short Interest in Brandywine GLOBAL Dynamic US Large Cap Value ETF (NASDAQ:DVAL) Increases By 318.6%

by · The Cerbat Gem

Brandywine GLOBAL Dynamic US Large Cap Value ETF (NASDAQ:DVAL – Get Free Report) was the target of a large growth in short interest in May. As of May 15th, there was short interest totaling 4,998 shares, a growth of 318.6% from the April 30th total of 1,194 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 32,008 shares, the days-to-cover ratio is currently 0.2 days.

Brandywine GLOBAL Dynamic US Large Cap Value ETF Price Performance

NASDAQ DVAL traded down $0.02 during midday trading on Friday, hitting $15.36. 147,788 shares of the company traded hands, compared to its average volume of 39,728. The company has a market cap of $79.87 million, a PE ratio of 14.48 and a beta of 0.63. The company’s 50-day simple moving average is $15.03 and its 200-day simple moving average is $14.86. Brandywine GLOBAL Dynamic US Large Cap Value ETF has a 52 week low of $13.58 and a 52 week high of $15.47.

Institutional Trading of Brandywine GLOBAL Dynamic US Large Cap Value ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Western Wealth Management LLC bought a new stake in Brandywine GLOBAL Dynamic US Large Cap Value ETF during the 1st quarter valued at $34,000. EverSource Wealth Advisors LLC acquired a new stake in shares of Brandywine GLOBAL Dynamic US Large Cap Value ETF in the 1st quarter worth $54,000. LPL Financial LLC boosted its position in shares of Brandywine GLOBAL Dynamic US Large Cap Value ETF by 5.9% in the 4th quarter. LPL Financial LLC now owns 158,727 shares of the company’s stock worth $2,284,000 after purchasing an additional 8,828 shares in the last quarter. Franklin Resources Inc. boosted its position in shares of 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 in the last quarter. Finally, Susquehanna International Group LLP boosted its position in shares of Brandywine GLOBAL Dynamic US Large Cap Value ETF by 60.5% in 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 in the last quarter.

About Brandywine GLOBAL Dynamic US Large Cap Value ETF

(Get Free Report)

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.

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