Davis Select Financial ETF (BATS:DFNL – Get Free Report) saw a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 51,941 shares, an increase of 106.0% from the July 15th total of 25,219 shares. Based on an average daily volume of 62,576 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.8% of the shares of the company are short sold.
Davis Select Financial ETF Stock Performance
BATS DFNL opened at $53.00 on Monday. The firm has a market capitalization of $352.45 million, a P/E ratio of 13.00 and a beta of 0.97. The stock has a 50-day simple moving average of $50.25 and a two-hundred day simple moving average of $47.90. Davis Select Financial ETF has a fifty-two week low of $43.13 and a fifty-two week high of $53.09.
Institutional Investors Weigh In On Davis Select Financial ETF
Several hedge funds have recently bought and sold shares of DFNL. Fifth Third Bancorp purchased a new stake in Davis Select Financial ETF during the first quarter worth $39,000. Wells Fargo & Company MN lifted its position in shares of Davis Select Financial ETF by 25.5% during the 4th quarter. Wells Fargo & Company MN now owns 1,378 shares of the company’s stock valued at $67,000 after buying an additional 280 shares in the last quarter. Private Advisor Group LLC increased its holdings in Davis Select Financial ETF by 7.1% in the 1st quarter. Private Advisor Group LLC now owns 5,008 shares of the company’s stock worth $225,000 after acquiring an additional 330 shares in the last quarter. Kovack Advisors Inc. purchased a new position in Davis Select Financial ETF during the fourth quarter valued at $456,000. Finally, Flow Traders U.S. LLC acquired a new position in shares of Davis Select Financial ETF during the 3rd quarter worth about $510,000.
Davis Select Financial ETF Company Profile
The Davis Select Financial ETF (DFNL) is an exchange-traded fund that is based on the S&P 500 Financials index. The fund is an actively-managed portfolio of global financial sector stocks. The fund seeks long-term growth of capital. DFNL was launched on Jan 11, 2017 and is managed by Davis.
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