Distillate Small/Mid Cash Flow ETF (NYSE:DSMC) Stock Short Interest Drops 97.1%

Distillate Small/Mid Cash Flow ETF (NYSE:DSMC) was the recipient of a large decrease in short interest in October. As of October 30th, there was short interest totaling 332 shares, a decrease of 97.1% from the October 15th total of 11,595 shares. Based on an average trading volume of 6,157 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Distillate Small/Mid Cash Flow ETF Stock Up 0.1%

Distillate Small/Mid Cash Flow ETF stock traded up $0.07 during midday trading on Wednesday, hitting $44.99. 731 shares of the stock were exchanged, compared to its average volume of 7,580. Distillate Small/Mid Cash Flow ETF has a 52-week low of $32.94 and a 52-week high of $46.07. The stock has a market capitalization of $148.48 million, a price-to-earnings ratio of 12.35 and a beta of 0.94. The business’s 50-day moving average price is $43.60 and its 200-day moving average price is $40.72.

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

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

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.