Davis Select U.S. Equity ETF (BATS:DUSA) Short Interest Down 66.6% in August

Davis Select U.S. Equity ETF (BATS:DUSA) saw a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 17,905 shares, a decline of 66.6% from the August 15th total of 53,622 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 42,634 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Trading of Davis Select U.S. Equity ETF

Several hedge funds have recently made changes to their positions in DUSA. Bank of America Corp DE increased its stake in shares of Davis Select U.S. Equity ETF by 66.5% in the third quarter. Bank of America Corp DE now owns 1,041,927 shares of the company’s stock worth $49,908,000 after purchasing an additional 416,004 shares in the last quarter. Morgan Stanley raised its position in shares of Davis Select U.S. Equity ETF by 3.9% in the fourth quarter. Morgan Stanley now owns 4,312,238 shares of the company’s stock valued at $220,485,000 after purchasing an additional 163,801 shares during the period. Wells Fargo & Company MN lifted its stake in shares of Davis Select U.S. Equity ETF by 29.3% during the 4th quarter. Wells Fargo & Company MN now owns 427,654 shares of the company’s stock valued at $21,866,000 after buying an additional 96,943 shares in the last quarter. Raymond James Financial Inc. lifted its stake in shares of Davis Select U.S. Equity ETF by 22.9% during the 3rd quarter. Raymond James Financial Inc. now owns 400,513 shares of the company’s stock valued at $19,185,000 after buying an additional 74,593 shares in the last quarter. Finally, UBS Group AG boosted its holdings in Davis Select U.S. Equity ETF by 14.0% in the 3rd quarter. UBS Group AG now owns 547,889 shares of the company’s stock worth $26,244,000 after buying an additional 67,456 shares during the period.

Davis Select U.S. Equity ETF Trading Up 0.5%

Davis Select U.S. Equity ETF stock opened at $56.86 on Friday. Davis Select U.S. Equity ETF has a 12 month low of $46.50 and a 12 month high of $58.53. The business’s 50 day simple moving average is $57.25 and its 200 day simple moving average is $55.06. The company has a market cap of $898.39 million, a price-to-earnings ratio of 17.61 and a beta of 0.97.

Davis Select U.S. Equity ETF Company Profile

The Davis Select U.S. Equity ETF (DUSA) is an exchange-traded fund that is based on the S&P 500 index. The fund is an actively-managed portfolio of US large-cap stocks. The fund seeks long-term capital growth and capital preservation. DUSA was launched on Jan 11, 2017 and is managed by Davis.