Davis Select Worldwide ETF (BATS:DWLD) Short Interest Update

Davis Select Worldwide ETF (BATS:DWLD) was the recipient of a large drop in short interest in April. As of April 30th, there was short interest totaling 11,079 shares, a drop of 47.9% from the April 15th total of 21,260 shares. Based on an average daily trading volume, of 16,340 shares, the short-interest ratio is currently 0.7 days. Currently, 0.1% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Birchwood Financial Partners Inc. purchased a new position in Davis Select Worldwide ETF in the 4th quarter valued at $46,000. Fifth Third Bancorp acquired a new stake in shares of Davis Select Worldwide ETF in the 1st quarter worth $97,000. Capital Investment Advisory Services LLC acquired a new stake in shares of Davis Select Worldwide ETF in the 3rd quarter worth $201,000. J.W. Cole Advisors Inc. acquired a new stake in shares of Davis Select Worldwide ETF in the 3rd quarter worth $206,000. Finally, NBZ Investment Advisors LLC acquired a new stake in shares of Davis Select Worldwide ETF in the 1st quarter worth $200,000.

Davis Select Worldwide ETF Stock Performance

Shares of DWLD stock opened at $47.25 on Friday. The stock’s fifty day moving average is $45.45 and its two-hundred day moving average is $46.01. The firm has a market capitalization of $492.82 million, a P/E ratio of 15.51 and a beta of 0.82. Davis Select Worldwide ETF has a fifty-two week low of $38.49 and a fifty-two week high of $48.37.

Davis Select Worldwide ETF Company Profile

The Davis Select Worldwide ETF (DWLD) is an exchange-traded fund that is based on the MSCI AWCI index. The fund is an actively-managed portfolio of global equities. The fund seeks long-term capital growth. DWLD was launched on Jan 11, 2017 and is managed by Davis.