Distillate U.S. Fundamental Stability & Value ETF (NYSEARCA:DSTL) Short Interest Down 69.4% in January
by Tristan Rich · The Markets DailyDistillate U.S. Fundamental Stability & Value ETF (NYSEARCA:DSTL – Get Free Report) saw a large decline in short interest during the month of January. As of January 15th, there was short interest totaling 19,096 shares, a decline of 69.4% from the December 31st total of 62,494 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 97,566 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 97,566 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the company’s shares are sold short.
Institutional Trading of Distillate U.S. Fundamental Stability & Value ETF
Hedge funds have recently added to or reduced their stakes in the company. Flagship Harbor Advisors LLC increased its holdings in Distillate U.S. Fundamental Stability & Value ETF by 1.2% in the fourth quarter. Flagship Harbor Advisors LLC now owns 29,839 shares of the company’s stock valued at $1,758,000 after buying an additional 359 shares during the last quarter. Team Financial Group LLC raised its position in Distillate U.S. Fundamental Stability & Value ETF by 73.2% during the 4th quarter. Team Financial Group LLC now owns 1,777 shares of the company’s stock worth $105,000 after buying an additional 751 shares during the last quarter. LRI Investments LLC raised its stake in shares of Distillate U.S. Fundamental Stability & Value ETF by 8.9% during the 2nd quarter. LRI Investments LLC now owns 9,805 shares of the company’s stock worth $543,000 after buying an additional 801 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in shares of Distillate U.S. Fundamental Stability & Value ETF by 5,565.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,643 shares of the company’s stock worth $91,000 after purchasing an additional 1,614 shares during the period. Finally, Aspect Partners LLC grew its holdings in shares of Distillate U.S. Fundamental Stability & Value ETF by 7.6% in the 3rd quarter. Aspect Partners LLC now owns 48,119 shares of the company’s stock worth $2,789,000 after acquiring an additional 3,392 shares during the period.
Distillate U.S. Fundamental Stability & Value ETF Price Performance
Shares of NYSEARCA:DSTL traded up $0.23 during midday trading on Friday, reaching $59.93. 100,776 shares of the company’s stock were exchanged, compared to its average volume of 125,129. The firm’s 50 day simple moving average is $59.40 and its two-hundred day simple moving average is $57.80. Distillate U.S. Fundamental Stability & Value ETF has a fifty-two week low of $47.67 and a fifty-two week high of $60.80. The stock has a market cap of $1.89 billion, a price-to-earnings ratio of 16.69 and a beta of 0.93.
About Distillate U.S. Fundamental Stability & Value ETF
The Distillate U.S. Fundamental Stability & Value ETF (DSTL) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of large-cap stocks that score favourably for financial indebtedness, fundamental stability, and valuation. The portfolio is equally weighted, modified by free cash flow. DSTL was launched on Oct 24, 2018 and is managed by Distillate.