Distillate U.S. Fundamental Stability & Value ETF (NYSEARCA:DSTL) Sees Large Increase in Short Interest

Distillate U.S. Fundamental Stability & Value ETF (NYSEARCA:DSTL) was the recipient of a large growth in short interest in the month of February. As of February 27th, there was short interest totaling 32,699 shares, a growth of 98.9% from the February 12th total of 16,443 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 122,009 shares, the short-interest ratio is currently 0.3 days. Based on an average trading volume of 122,009 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the company’s shares are short sold.

Institutional Trading of Distillate U.S. Fundamental Stability & Value ETF

Hedge funds have recently added to or reduced their stakes in the business. Rothschild Wealth LLC acquired a new stake in shares of Distillate U.S. Fundamental Stability & Value ETF in the fourth quarter valued at $8,800,000. JPMorgan Chase & Co. increased its position in shares of Distillate U.S. Fundamental Stability & Value ETF by 19.4% in the fourth quarter. JPMorgan Chase & Co. now owns 146,924 shares of the company’s stock worth $8,654,000 after acquiring an additional 23,824 shares in the last quarter. LRI Investments LLC raised its holdings in shares of Distillate U.S. Fundamental Stability & Value ETF by 14.2% during the fourth quarter. LRI Investments LLC now owns 57,198 shares of the company’s stock valued at $3,369,000 after acquiring an additional 7,098 shares during the period. Aspect Partners LLC grew its position in Distillate U.S. Fundamental Stability & Value ETF by 13.9% during the 4th quarter. Aspect Partners LLC now owns 54,804 shares of the company’s stock worth $3,228,000 after purchasing an additional 6,685 shares in the last quarter. Finally, Flagship Harbor Advisors LLC lifted its holdings in shares of Distillate U.S. Fundamental Stability & Value ETF by 1.2% in the fourth quarter. Flagship Harbor Advisors LLC now owns 29,839 shares of the company’s stock valued at $1,758,000 after purchasing an additional 359 shares in the last quarter.

Distillate U.S. Fundamental Stability & Value ETF Trading Down 1.4%

Shares of Distillate U.S. Fundamental Stability & Value ETF stock traded down $0.83 during trading hours on Thursday, reaching $58.66. The stock had a trading volume of 148,831 shares, compared to its average volume of 119,007. The firm has a market capitalization of $1.84 billion, a price-to-earnings 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. The firm has a 50 day simple moving average of $60.60 and a two-hundred day simple moving average of $58.87.

About Distillate U.S. Fundamental Stability & Value ETF

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.