Short Interest in Davis Select Worldwide ETF (BATS:DWLD) Expands By 110.0%

Davis Select Worldwide ETF (BATS:DWLD) was the recipient of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 35,891 shares, a growth of 110.0% from the August 15th total of 17,090 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average trading volume of 12,612 shares, the days-to-cover ratio is presently 2.8 days.

Davis Select Worldwide ETF Price Performance

DWLD stock opened at $46.39 on Monday. The company has a 50 day simple moving average of $47.62 and a 200 day simple moving average of $46.64. The stock has a market cap of $483.85 million, a price-to-earnings ratio of 15.51 and a beta of 0.82. Davis Select Worldwide ETF has a 1 year low of $42.44 and a 1 year high of $49.48.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Birchwood Financial Partners Inc. bought a new position in shares of Davis Select Worldwide ETF during the fourth quarter worth about $46,000. Fifth Third Bancorp acquired a new position in shares of Davis Select Worldwide ETF in the 1st quarter valued at about $97,000. NBZ Investment Advisors LLC acquired a new stake in Davis Select Worldwide ETF during the first quarter worth approximately $200,000. Mariner LLC boosted its holdings in shares of Davis Select Worldwide ETF by 10.8% during the 3rd quarter. Mariner LLC now owns 6,590 shares of the company’s stock worth $298,000 after buying an additional 640 shares in the last quarter. Finally, NewEdge Advisors LLC bought a new stake in shares of Davis Select Worldwide ETF in the 3rd quarter valued at $326,000.

About Davis Select Worldwide ETF

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.