Distillate Small/Mid Cash Flow ETF (NYSE:DSMC) Sees Significant Growth in Short Interest

Distillate Small/Mid Cash Flow ETF (NYSE:DSMC) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 6,010 shares, a growth of 943.4% from the August 15th total of 576 shares. Based on an average trading volume of 12,194 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.2% of the shares of the company are short sold.

Institutional Trading of Distillate Small/Mid Cash Flow ETF

An institutional investor recently raised its position in Distillate Small/Mid Cash Flow ETF stock. Madison Asset Management LLC grew its position in Distillate Small/Mid Cash Flow ETF (NYSE:DSMC) by 2.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 62,066 shares of the company’s stock after buying an additional 1,566 shares during the quarter. Madison Asset Management LLC owned 1.94% of Distillate Small/Mid Cash Flow ETF worth $2,323,000 at the end of the most recent quarter.

Distillate Small/Mid Cash Flow ETF Price Performance

Shares of NYSE:DSMC traded up $0.51 during trading on Friday, reaching $43.66. The company had a trading volume of 4,558 shares, compared to its average volume of 8,038. The firm has a market capitalization of $140.59 million, a price-to-earnings ratio of 11.45 and a beta of 0.96. The stock’s fifty day moving average price is $42.93 and its 200 day moving average price is $40.22. Distillate Small/Mid Cash Flow ETF has a fifty-two week low of $32.94 and a fifty-two week high of $44.49.

Distillate Small/Mid Cash Flow ETF Company Profile

The Distillate Small\u002FMid Cash Flow ETF (DSMC) is an exchange-traded fund that mostly invests in extended market equity. The fund is an actively managed portfolio of US mid- and small-cap stocks selected based on free cash flow yield. DSMC was launched on Oct 5, 2022 and is managed by Distillate.