Davis Select Financial ETF (BATS:DFNL) Stock Short Interest Report for October

Davis Select Financial ETF (BATS:DFNL) was the recipient of a large decline in short interest during the month of October. As of October 30th, there was short interest totaling 2,874 shares, a decline of 70.0% from the October 15th total of 9,591 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 10,728 shares, the days-to-cover ratio is currently 0.3 days.

Hedge Funds Weigh In On Davis Select Financial ETF

Several institutional investors and hedge funds have recently bought and sold shares of DFNL. Bank of America Corp DE lifted its position in Davis Select Financial ETF by 5.2% in the first quarter. Bank of America Corp DE now owns 209,529 shares of the company’s stock valued at $9,395,000 after purchasing an additional 10,288 shares during the last quarter. Royal Bank of Canada increased its stake in shares of Davis Select Financial ETF by 145.1% in the first quarter. Royal Bank of Canada now owns 126,975 shares of the company’s stock worth $5,694,000 after buying an additional 75,169 shares during the period. HighTower Advisors LLC bought a new stake in Davis Select Financial ETF during the 3rd quarter valued at $5,806,000. Sanctuary Advisors LLC raised its holdings in Davis Select Financial ETF by 4.6% during the 1st quarter. Sanctuary Advisors LLC now owns 89,380 shares of the company’s stock valued at $4,008,000 after buying an additional 3,905 shares during the last quarter. Finally, D.A. Davidson & CO. bought a new stake in Davis Select Financial ETF during the 3rd quarter valued at $3,614,000.

Davis Select Financial ETF Stock Up 0.7%

Shares of Davis Select Financial ETF stock traded up $0.34 during trading on Friday, reaching $51.30. The company’s stock had a trading volume of 5,225 shares, compared to its average volume of 44,141. Davis Select Financial ETF has a 52-week low of $43.33 and a 52-week high of $53.09. The firm’s 50-day moving average is $49.84 and its two-hundred day moving average is $48.67. The company has a market cap of $460.67 million, a price-to-earnings ratio of 13.33 and a beta of 0.83.

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.