Short Interest in Distillate U.S. Fundamental Stability & Value ETF (NYSEARCA:DSTL) Declines By 53.5%

Distillate U.S. Fundamental Stability & Value ETF (NYSEARCA:DSTL) was the recipient of a large decline in short interest in March. As of March 13th, there was short interest totaling 15,192 shares, a decline of 53.5% from the February 26th total of 32,699 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 109,672 shares, the short-interest ratio is currently 0.1 days.

Distillate U.S. Fundamental Stability & Value ETF Trading Down 1.6%

DSTL stock traded down $0.92 during trading on Friday, reaching $56.68. The stock had a trading volume of 81,455 shares, compared to its average volume of 114,194. The firm has a fifty day moving average price of $60.18 and a 200 day moving average price of $58.93. The company has a market capitalization of $1.78 billion, a P/E ratio of 16.69 and a beta of 0.93. Distillate U.S. Fundamental Stability & Value ETF has a 1-year low of $47.67 and a 1-year high of $62.02.

Hedge Funds Weigh In On Distillate U.S. Fundamental Stability & Value ETF

Several large investors have recently added to or reduced their stakes in DSTL. LRI Investments LLC lifted its holdings in shares of Distillate U.S. Fundamental Stability & Value ETF by 411.0% in the 3rd quarter. LRI Investments LLC now owns 50,100 shares of the company’s stock worth $2,904,000 after purchasing an additional 40,295 shares during the last quarter. DMC Group LLC bought a new position in Distillate U.S. Fundamental Stability & Value ETF during the 3rd quarter worth $201,000. JPMorgan Chase & Co. increased its position in Distillate U.S. Fundamental Stability & Value ETF by 51.6% in the third quarter. JPMorgan Chase & Co. now owns 123,100 shares of the company’s stock worth $7,135,000 after buying an additional 41,886 shares during the period. Aspect Partners LLC increased its position in Distillate U.S. Fundamental Stability & Value ETF by 13.9% in the fourth quarter. Aspect Partners LLC now owns 54,804 shares of the company’s stock worth $3,228,000 after buying an additional 6,685 shares during the period. Finally, Team Financial Group LLC bought a new stake in Distillate U.S. Fundamental Stability & Value ETF in the third quarter valued at $59,000.

Distillate U.S. Fundamental Stability & Value ETF Company Profile

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.