Distillate Small/Mid Cash Flow ETF (NYSE:DSMC) Shares Shorted: Short Interest Up 249.8% in October

Distillate Small/Mid Cash Flow ETF (NYSE:DSMC) was the target of a large growth in short interest in October. As of October 15th, there was short interest totaling 11,595 shares, a growth of 249.8% from the September 30th total of 3,315 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 5,964 shares, the days-to-cover ratio is presently 1.9 days.

Distillate Small/Mid Cash Flow ETF Trading Down 0.2%

Shares of DSMC stock traded down $0.07 on Friday, reaching $45.16. The company’s stock had a trading volume of 4,918 shares, compared to its average volume of 7,603. The stock’s fifty day simple moving average is $43.44 and its 200-day simple moving average is $40.42. Distillate Small/Mid Cash Flow ETF has a 1 year low of $32.94 and a 1 year high of $45.25. The company has a market capitalization of $149.01 million, a price-to-earnings ratio of 11.45 and a beta of 0.98.

Institutional Inflows and Outflows

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

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.