Brandywine GLOBAL Dynamic US Large Cap Value ETF (NASDAQ:DVAL) Sees Significant Increase in Short Interest

Brandywine GLOBAL Dynamic US Large Cap Value ETF (NASDAQ:DVAL) was the target of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 50,860 shares, an increase of 17,024.6% from the September 30th total of 297 shares. Currently, 1.3% of the company’s shares are short sold. Based on an average daily volume of 36,726 shares, the short-interest ratio is presently 1.4 days.

Institutional Investors Weigh In On Brandywine GLOBAL Dynamic US Large Cap Value ETF

Several institutional investors and hedge funds have recently made changes to their positions in the business. Western Wealth Management LLC acquired a new stake in Brandywine GLOBAL Dynamic US Large Cap Value ETF during the first quarter worth approximately $34,000. EverSource Wealth Advisors LLC acquired a new position in Brandywine GLOBAL Dynamic US Large Cap Value ETF in the first quarter valued at approximately $54,000. NORTHSTAR ASSET MANAGEMENT Co acquired a new position in Brandywine GLOBAL Dynamic US Large Cap Value ETF in the third quarter valued at approximately $623,000. Finally, Citadel Advisors LLC lifted its stake in Brandywine GLOBAL Dynamic US Large Cap Value ETF by 37.3% in the second quarter. Citadel Advisors LLC now owns 43,893 shares of the company’s stock valued at $689,000 after buying an additional 11,933 shares during the period.

Brandywine GLOBAL Dynamic US Large Cap Value ETF Stock Down 0.5%

DVAL traded down $0.08 during midday trading on Monday, hitting $15.69. 672 shares of the company were exchanged, compared to its average volume of 24,895. The firm’s 50 day moving average price is $16.08 and its 200-day moving average price is $15.78. Brandywine GLOBAL Dynamic US Large Cap Value ETF has a 1-year low of $14.05 and a 1-year high of $16.83. The firm has a market capitalization of $59.62 million, a P/E ratio of 14.48 and a beta of 0.61.

Brandywine GLOBAL Dynamic US Large Cap Value ETF Increases Dividend

The company also recently declared an annual dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were given a $0.5222 dividend. This is an increase from Brandywine GLOBAL Dynamic US Large Cap Value ETF’s previous annual dividend of $0.2877. The ex-dividend date was Thursday, October 1st. This represents a dividend yield of 344.0%.

About Brandywine GLOBAL Dynamic US Large Cap Value ETF

The BrandywineGLOBAL Dynamic U.S. Large Cap Value ETF (DVAL) is an exchange-traded fund that is based on the Russell 1000 Value index. The fund is actively managed to hold a portfolio of US large-cap value companies. Stocks are selected using a proprietary multi-factor approach. DVAL was launched on Dec 27, 2006 and is managed by Franklin Templeton.