Brandywine GLOBAL Dynamic US Large Cap Value ETF (NASDAQ:DVAL) Sees Significant Increase in Short Interest

Brandywine GLOBAL Dynamic US Large Cap Value ETF (NASDAQ:DVAL) was the recipient of a large increase in short interest in August. As of August 14th, there was short interest totaling 4,408 shares, an increase of 183.1% from the July 30th total of 1,557 shares. Based on an average daily trading volume, of 4,708 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.1% of the shares of the company are sold short.

Brandywine GLOBAL Dynamic US Large Cap Value ETF Stock Up 0.3%

Shares of DVAL traded up $0.05 during midday trading on Friday, reaching $16.65. 1,258 shares of the stock were exchanged, compared to its average volume of 27,561. Brandywine GLOBAL Dynamic US Large Cap Value ETF has a twelve month low of $14.05 and a twelve month high of $16.83. The company has a market cap of $72.43 million, a P/E ratio of 14.48 and a beta of 0.59. The stock’s 50 day simple moving average is $16.21 and its 200 day simple moving average is $15.51.

Institutional Trading of Brandywine GLOBAL Dynamic US Large Cap Value ETF

Several hedge funds and other institutional investors have recently bought and sold shares of DVAL. Western Wealth Management LLC acquired a new position in shares of Brandywine GLOBAL Dynamic US Large Cap Value ETF during the 1st quarter worth approximately $34,000. EverSource Wealth Advisors LLC acquired a new stake in shares of Brandywine GLOBAL Dynamic US Large Cap Value ETF in the first quarter valued at approximately $54,000. Raymond James Financial Inc. raised its position in shares of Brandywine GLOBAL Dynamic US Large Cap Value ETF by 3.7% in the third quarter. Raymond James Financial Inc. now owns 197,920 shares of the company’s stock valued at $2,877,000 after buying an additional 6,976 shares in the last quarter. Susquehanna International Group LLP boosted its stake in shares of Brandywine GLOBAL Dynamic US Large Cap Value ETF by 60.5% in the third quarter. Susquehanna International Group LLP now owns 20,300 shares of the company’s stock valued at $295,000 after buying an additional 7,654 shares during the period. Finally, Franklin Resources Inc. boosted its stake in shares of Brandywine GLOBAL Dynamic US Large Cap Value ETF by 0.6% in the fourth quarter. Franklin Resources Inc. now owns 1,496,938 shares of the company’s stock valued at $21,544,000 after buying an additional 8,549 shares during the period.

Brandywine GLOBAL Dynamic US Large Cap Value ETF Company Profile

The BrandywineGLOBAL Dynamic U.S. Large Cap Value ETF (DVAL) is an exchange-traded fund that is based on the Russell 1000 Value index. The fund is actively managed to hold a portfolio of US large-cap value companies. Stocks are selected using a proprietary multi-factor approach. DVAL was launched on Dec 27, 2006 and is managed by Franklin Templeton.