Short Interest in Distillate U.S. Fundamental Stability & Value ETF (NYSEARCA:DSTL) Expands By 90.1%

Distillate U.S. Fundamental Stability & Value ETF (NYSEARCA:DSTL) was the target of a large growth in short interest in the month of May. As of May 31st, there was short interest totalling 36,300 shares, a growth of 90.1% from the May 15th total of 19,100 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 127,400 shares, the days-to-cover ratio is presently 0.3 days.

Distillate U.S. Fundamental Stability & Value ETF Trading Up 0.7%

Shares of NYSEARCA:DSTL traded up $0.37 on Monday, reaching $54.64. The company had a trading volume of 77,824 shares, compared to its average volume of 119,826. Distillate U.S. Fundamental Stability & Value ETF has a 52-week low of $47.67 and a 52-week high of $59.01. The firm’s 50 day simple moving average is $52.89 and its 200-day simple moving average is $54.72. The firm has a market capitalization of $1.83 billion, a PE ratio of 17.40 and a beta of 0.94.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Madison Asset Management LLC boosted its position in shares of Distillate U.S. Fundamental Stability & Value ETF by 2.0% in the 1st quarter. Madison Asset Management LLC now owns 1,345,696 shares of the company’s stock worth $72,991,000 after purchasing an additional 26,768 shares in the last quarter. Madison Investment Advisors LLC purchased a new position in shares of Distillate U.S. Fundamental Stability & Value ETF in the 4th quarter valued at about $72,441,000. Park National Corp OH increased its stake in shares of Distillate U.S. Fundamental Stability & Value ETF by 2.6% in the 1st quarter. Park National Corp OH now owns 611,727 shares of the company’s stock valued at $33,180,000 after purchasing an additional 15,381 shares in the last quarter. Perritt Capital Management Inc increased its stake in shares of Distillate U.S. Fundamental Stability & Value ETF by 5.4% in the 4th quarter. Perritt Capital Management Inc now owns 131,465 shares of the company’s stock valued at $7,221,000 after purchasing an additional 6,791 shares in the last quarter. Finally, Aspect Partners LLC increased its stake in Distillate U.S. Fundamental Stability & Value ETF by 6.4% during the 4th quarter. Aspect Partners LLC now owns 43,724 shares of the company’s stock worth $2,401,000 after buying an additional 2,626 shares in the last quarter.

About Distillate U.S. Fundamental Stability & Value ETF

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.