Distillate Small/Mid Cash Flow ETF (NYSE:DSMC) Short Interest Up 943.4% in August

Distillate Small/Mid Cash Flow ETF (NYSE:DSMC) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totaling 6,010 shares, an increase of 943.4% from the August 15th total of 576 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average trading volume of 12,194 shares, the short-interest ratio is currently 0.5 days.

Hedge Funds Weigh In On Distillate Small/Mid Cash Flow ETF

A hedge fund recently raised its stake in Distillate Small/Mid Cash Flow ETF stock. Madison Asset Management LLC increased its position in shares of Distillate Small/Mid Cash Flow ETF (NYSE:DSMC) by 2.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 62,066 shares of the company’s stock after purchasing an additional 1,566 shares during the quarter. Madison Asset Management LLC owned approximately 1.94% of Distillate Small/Mid Cash Flow ETF worth $2,323,000 as of its most recent SEC filing.

Distillate Small/Mid Cash Flow ETF Trading Down 0.5%

NYSE DSMC traded down $0.23 during mid-day trading on Thursday, hitting $43.20. The company’s stock had a trading volume of 51,268 shares, compared to its average volume of 8,060. Distillate Small/Mid Cash Flow ETF has a twelve month low of $32.94 and a twelve month high of $44.49. The firm has a market capitalization of $139.10 million, a price-to-earnings ratio of 11.45 and a beta of 0.96. The company’s 50 day simple moving average is $42.93 and its 200 day simple moving average is $40.22.

Distillate Small/Mid Cash Flow ETF Company Profile

The Distillate Small\u002FMid Cash Flow ETF (DSMC) is an exchange-traded fund that mostly invests in extended market equity. The fund is an actively managed portfolio of US mid- and small-cap stocks selected based on free cash flow yield. DSMC was launched on Oct 5, 2022 and is managed by Distillate.