Short Interest in Distillate U.S. Fundamental Stability & Value ETF (NYSEARCA:DSTL) Declines By 60.1%

Distillate U.S. Fundamental Stability & Value ETF (NYSEARCA:DSTL) was the recipient of a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 16,902 shares, a drop of 60.1% from the April 15th total of 42,391 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 82,189 shares, the short-interest ratio is presently 0.2 days.

Distillate U.S. Fundamental Stability & Value ETF Trading Down 0.4%

DSTL stock traded down $0.23 during trading hours on Friday, hitting $57.66. 61,150 shares of the stock were exchanged, compared to its average volume of 106,744. The firm has a market capitalization of $1.79 billion, a P/E ratio of 16.69 and a beta of 0.86. The company has a 50-day simple moving average of $58.79 and a two-hundred day simple moving average of $59.18. Distillate U.S. Fundamental Stability & Value ETF has a 12 month low of $52.77 and a 12 month high of $62.02.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. EverSource Wealth Advisors LLC increased its position in shares of Distillate U.S. Fundamental Stability & Value ETF by 5,565.5% in the second quarter. EverSource Wealth Advisors LLC now owns 1,643 shares of the company’s stock worth $91,000 after purchasing an additional 1,614 shares during the period. Team Financial Group LLC increased its position in shares of Distillate U.S. Fundamental Stability & Value ETF by 73.2% in the fourth quarter. Team Financial Group LLC now owns 1,777 shares of the company’s stock worth $105,000 after purchasing an additional 751 shares during the period. DMC Group LLC bought a new position in shares of Distillate U.S. Fundamental Stability & Value ETF in the third quarter worth $201,000. Flagship Harbor Advisors LLC increased its position 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 worth $1,758,000 after purchasing an additional 359 shares during the period. Finally, Aspect Partners LLC increased its position in shares of Distillate U.S. Fundamental Stability & Value ETF by 7.6% in the third quarter. Aspect Partners LLC now owns 48,119 shares of the company’s stock worth $2,789,000 after purchasing an additional 3,392 shares during the period.

Distillate U.S. Fundamental Stability & Value ETF Company Profile

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.