Short Interest in Davis Select International ETF (BATS:DINT) Rises By 73.3%

Davis Select International ETF (BATS:DINT) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 21,752 shares, an increase of 73.3% from the August 15th total of 12,554 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily volume of 9,286 shares, the short-interest ratio is presently 2.3 days.

Institutional Investors Weigh In On Davis Select International ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Birchwood Financial Partners Inc. acquired a new position in shares of Davis Select International ETF in the fourth quarter valued at about $561,000. Geneos Wealth Management Inc. raised its stake in Davis Select International ETF by 10.8% in the 1st quarter. Geneos Wealth Management Inc. now owns 325,677 shares of the company’s stock worth $8,767,000 after purchasing an additional 31,725 shares in the last quarter. Bank of America Corp DE raised its stake in Davis Select International ETF by 22.5% in the 1st quarter. Bank of America Corp DE now owns 102,327 shares of the company’s stock worth $2,754,000 after purchasing an additional 18,815 shares in the last quarter. Royal Bank of Canada boosted its holdings in Davis Select International ETF by 9.9% in the 1st quarter. Royal Bank of Canada now owns 105,752 shares of the company’s stock valued at $2,846,000 after purchasing an additional 9,490 shares during the period. Finally, Sigma Planning Corp boosted its holdings in Davis Select International ETF by 45.6% in the 1st quarter. Sigma Planning Corp now owns 42,517 shares of the company’s stock valued at $1,144,000 after purchasing an additional 13,306 shares during the period.

Davis Select International ETF Trading Down 0.8%

BATS:DINT opened at $28.69 on Thursday. The stock has a 50 day simple moving average of $29.71 and a 200 day simple moving average of $28.85. The stock has a market cap of $276.28 million, a P/E ratio of 13.73 and a beta of 0.63. Davis Select International ETF has a 1-year low of $25.77 and a 1-year high of $30.75.

About Davis Select International ETF

The Davis Select International ETF (DINT) is an exchange-traded fund that is based on the MSCI ACWI ex-US index. The fund holds an actively-managed portfolio of international companies outside the US, selected based on prospects for long-term growth of capital. DINT was launched on Mar 1, 2018 and is managed by Davis.