Distillate U.S. Fundamental Stability & Value ETF (NYSEARCA:DSTL) Short Interest Up 70.6% in October

Distillate U.S. Fundamental Stability & Value ETF (NYSEARCA:DSTL) was the recipient of a significant growth in short interest in October. As of October 15th, there was short interest totaling 60,400 shares, a growth of 70.6% from the September 30th total of 35,400 shares. Based on an average daily trading volume, of 78,100 shares, the short-interest ratio is presently 0.8 days. Currently, 0.2% of the shares of the company are sold short. Currently, 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 78,100 shares, the short-interest ratio is presently 0.8 days.

Distillate U.S. Fundamental Stability & Value ETF Stock Performance

Shares of NYSEARCA DSTL opened at $56.99 on Monday. The company’s fifty day moving average price is $57.63 and its 200 day moving average price is $55.64. Distillate U.S. Fundamental Stability & Value ETF has a 1 year low of $47.67 and a 1 year high of $59.01. The company has a market capitalization of $1.81 billion, a PE ratio of 16.69 and a beta of 0.93.

Hedge Funds Weigh In On Distillate U.S. Fundamental Stability & Value ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Operose Advisors LLC purchased a new position in Distillate U.S. Fundamental Stability & Value ETF during the first quarter valued at $37,000. Adirondack Trust Co. purchased a new position in Distillate U.S. Fundamental Stability & Value ETF during the second quarter valued at $47,000. Team Financial Group LLC purchased a new position in Distillate U.S. Fundamental Stability & Value ETF during the third quarter valued at $59,000. EverSource Wealth Advisors LLC lifted its holdings in Distillate U.S. Fundamental Stability & Value ETF by 5,565.5% during the second quarter. EverSource Wealth Advisors LLC now owns 1,643 shares of the company’s stock valued at $91,000 after purchasing an additional 1,614 shares in the last quarter. Finally, DMC Group LLC purchased a new position in Distillate U.S. Fundamental Stability & Value ETF during the third quarter valued at $201,000.

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.