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

Distillate Small/Mid Cash Flow ETF (NYSE:DSMC) was the recipient of a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 3,315 shares, an increase of 113.7% from the September 15th total of 1,551 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 4,949 shares, the short-interest ratio is presently 0.7 days.

Distillate Small/Mid Cash Flow ETF Price Performance

DSMC traded up $0.23 on Tuesday, hitting $43.05. 1,072 shares of the stock were exchanged, compared to its average volume of 7,688. Distillate Small/Mid Cash Flow ETF has a 12 month low of $32.94 and a 12 month high of $44.49. The firm has a market capitalization of $142.06 million, a price-to-earnings ratio of 11.45 and a beta of 0.98. The business has a 50-day moving average of $43.31 and a two-hundred day moving average of $41.03.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Distillate Small/Mid Cash Flow ETF stock. Rothschild Wealth LLC purchased a new stake in shares of Distillate Small/Mid Cash Flow ETF (NYSE:DSMC) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 242,891 shares of the company’s stock, valued at approximately $8,615,000. Rothschild Wealth LLC owned approximately 7.59% of Distillate Small/Mid Cash Flow ETF at the end of the most recent reporting period.

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.