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

Distillate Small/Mid Cash Flow ETF (NYSE:DSMC) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 11,595 shares, an increase of 249.8% from the September 30th total of 3,315 shares. Approximately 0.4% of the company’s shares are short sold. Based on an average daily volume of 5,964 shares, the short-interest ratio is currently 1.9 days.

Institutional Trading of Distillate Small/Mid Cash Flow ETF

A hedge fund recently raised its stake in Distillate Small/Mid Cash Flow ETF stock. Madison Asset Management LLC boosted its stake in Distillate Small/Mid Cash Flow ETF (NYSE:DSMC) by 2.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities & 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 1.94% of Distillate Small/Mid Cash Flow ETF worth $2,323,000 at the end of the most recent reporting period.

Distillate Small/Mid Cash Flow ETF Trading Down 0.2%

NYSE DSMC traded down $0.10 on Wednesday, hitting $44.44. The company’s stock had a trading volume of 288 shares, compared to its average volume of 7,570. The firm has a market cap of $146.65 million, a P/E ratio of 11.45 and a beta of 0.98. Distillate Small/Mid Cash Flow ETF has a 52-week low of $32.94 and a 52-week high of $45.17. The company’s 50-day simple moving average is $43.42 and its 200 day simple moving average is $40.38.

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.