Distillate Small/Mid Cash Flow ETF (NYSE:DSMC) Sees Significant Increase in Short Interest

Distillate Small/Mid Cash Flow ETF (NYSE:DSMC) saw a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 3,315 shares, an increase of 113.7% from the September 15th total of 1,551 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 4,949 shares, the days-to-cover ratio is currently 0.7 days.

Distillate Small/Mid Cash Flow ETF Price Performance

Shares of DSMC traded down $0.31 during midday trading on Wednesday, hitting $42.91. The stock had a trading volume of 5,894 shares, compared to its average volume of 7,734. The firm has a market cap of $141.60 million, a PE ratio of 11.45 and a beta of 0.98. Distillate Small/Mid Cash Flow ETF has a 1 year low of $32.94 and a 1 year high of $44.49. The stock’s 50 day moving average is $43.29 and its 200 day moving average is $41.11.

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

An institutional investor recently raised its position in Distillate Small/Mid Cash Flow ETF stock. Madison Asset Management LLC boosted its position in shares of Distillate Small/Mid Cash Flow ETF (NYSE:DSMC) by 2.6% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 62,066 shares of the company’s stock after purchasing an additional 1,566 shares during the quarter. Madison Asset Management LLC owned about 1.94% of Distillate Small/Mid Cash Flow ETF worth $2,323,000 as of its most recent filing with the Securities & Exchange Commission.

About Distillate Small/Mid Cash Flow ETF

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.