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

Brandywine GLOBAL Dynamic US Large Cap Value ETF (NASDAQ:DVAL) saw 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. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 32,008 shares, the short-interest ratio is presently 0.2 days.

Brandywine GLOBAL Dynamic US Large Cap Value ETF Stock Performance

Brandywine GLOBAL Dynamic US Large Cap Value ETF stock opened at $15.36 on Friday. Brandywine GLOBAL Dynamic US Large Cap Value ETF has a 52 week low of $13.58 and a 52 week high of $15.47. The stock has a market capitalization of $79.87 million, a P/E ratio of 14.48 and a beta of 0.63. The stock has a 50-day simple moving average of $15.03 and a 200 day simple moving average of $14.86.

Hedge Funds Weigh In On Brandywine GLOBAL Dynamic US Large Cap Value ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Franklin Resources Inc. grew its holdings in Brandywine GLOBAL Dynamic US Large Cap Value ETF by 0.6% during the fourth 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. Raymond James Financial Inc. grew its holdings in Brandywine GLOBAL Dynamic US Large Cap Value ETF by 3.7% during the third quarter. Raymond James Financial Inc. now owns 197,920 shares of the company’s stock worth $2,877,000 after purchasing an additional 6,976 shares during the period. LPL Financial LLC grew its holdings in Brandywine GLOBAL Dynamic US Large Cap Value ETF by 5.9% during the fourth 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 during the period. Susquehanna International Group LLP grew its holdings in Brandywine GLOBAL Dynamic US Large Cap Value ETF by 60.5% during the third 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 during the period. Finally, AE Wealth Management LLC bought a new position in Brandywine GLOBAL Dynamic US Large Cap Value ETF during the third quarter worth about $108,000.

About Brandywine GLOBAL Dynamic US Large Cap Value ETF

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.