Distillate U.S. Fundamental Stability & Value ETF (NYSEARCA:DSTL) Short Interest Update

Distillate U.S. Fundamental Stability & Value ETF (NYSEARCA:DSTL) was the recipient of a large increase in short interest in July. As of July 15th, there was short interest totaling 69,137 shares, an increase of 660.9% from the June 30th total of 9,086 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily volume of 64,259 shares, the days-to-cover ratio is currently 1.1 days.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Team Financial Group LLC boosted its position in shares of Distillate U.S. Fundamental Stability & Value ETF by 53.6% during the 1st quarter. Team Financial Group LLC now owns 2,729 shares of the company’s stock valued at $158,000 after purchasing an additional 952 shares in the last quarter. Rothschild Wealth LLC bought a new stake in shares of Distillate U.S. Fundamental Stability & Value ETF in the 4th quarter worth approximately $8,800,000. JPMorgan Chase & Co. raised its holdings in shares of Distillate U.S. Fundamental Stability & Value ETF by 19.4% in the 4th quarter. JPMorgan Chase & Co. now owns 146,924 shares of the company’s stock worth $8,654,000 after purchasing an additional 23,824 shares in the last quarter. LRI Investments LLC lifted its stake in Distillate U.S. Fundamental Stability & Value ETF by 14.2% during the fourth quarter. LRI Investments LLC now owns 57,198 shares of the company’s stock valued at $3,369,000 after purchasing an additional 7,098 shares during the last quarter. Finally, Aspect Partners LLC lifted its stake in Distillate U.S. Fundamental Stability & Value ETF by 13.9% during the fourth quarter. Aspect Partners LLC now owns 54,804 shares of the company’s stock valued at $3,228,000 after purchasing an additional 6,685 shares during the last quarter.

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

Shares of DSTL traded up $1.35 during midday trading on Friday, reaching $63.17. The stock had a trading volume of 24,504 shares, compared to its average volume of 93,799. Distillate U.S. Fundamental Stability & Value ETF has a 52 week low of $54.14 and a 52 week high of $64.28. The firm’s 50 day moving average price is $60.49 and its 200-day moving average price is $59.97. The company has a market capitalization of $1.91 billion, a P/E ratio of 16.69 and a beta of 0.85.

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. DSTL was launched on Oct 24, 2018 and is managed by Distillate.