Short Interest in Distillate U.S. Fundamental Stability & Value ETF (NYSEARCA:DSTL) Drops By 69.4%

Distillate U.S. Fundamental Stability & Value ETF (NYSEARCA:DSTL) was the recipient of a large decrease in short interest in the month of January. As of January 15th, there was short interest totaling 19,096 shares, a decrease of 69.4% from the December 31st total of 62,494 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 97,566 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 97,566 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the shares of the company are short sold.

Distillate U.S. Fundamental Stability & Value ETF Stock Up 0.4%

DSTL traded up $0.23 during trading on Friday, hitting $59.93. 100,776 shares of the stock were exchanged, compared to its average volume of 125,129. Distillate U.S. Fundamental Stability & Value ETF has a 1-year low of $47.67 and a 1-year high of $60.80. The stock has a fifty day moving average price of $59.45 and a two-hundred day moving average price of $57.83. The firm has a market capitalization of $1.89 billion, a P/E ratio of 16.69 and a beta of 0.93.

Institutional Trading of Distillate U.S. Fundamental Stability & Value ETF

Several institutional investors and hedge funds have recently bought and sold shares of DSTL. Team Financial Group LLC purchased a new position in Distillate U.S. Fundamental Stability & Value ETF during the 3rd quarter worth $59,000. EverSource Wealth Advisors LLC boosted its stake in shares of Distillate U.S. Fundamental Stability & Value ETF by 5,565.5% during the second quarter. EverSource Wealth Advisors LLC now owns 1,643 shares of the company’s stock worth $91,000 after buying an additional 1,614 shares during the period. DMC Group LLC purchased a new position in shares of Distillate U.S. Fundamental Stability & Value ETF during the third quarter worth about $201,000. LRI Investments LLC increased its position in Distillate U.S. Fundamental Stability & Value ETF by 8.9% in the 2nd quarter. LRI Investments LLC now owns 9,805 shares of the company’s stock valued at $543,000 after acquiring an additional 801 shares during the period. Finally, Flagship Harbor Advisors LLC increased its position in Distillate U.S. Fundamental Stability & Value ETF by 1.2% in the 4th quarter. Flagship Harbor Advisors LLC now owns 29,839 shares of the company’s stock valued at $1,758,000 after acquiring an additional 359 shares during the period.

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.