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

Distillate Small/Mid Cash Flow ETF (NYSE:DSMC) was the target of a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 11,595 shares, a growth of 249.8% from the September 30th total of 3,315 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average trading volume of 5,964 shares, the short-interest ratio is currently 1.9 days.

Distillate Small/Mid Cash Flow ETF Trading Down 0.2%

Shares of Distillate Small/Mid Cash Flow ETF stock traded down $0.10 during trading on Wednesday, hitting $44.44. The stock had a trading volume of 288 shares, compared to its average volume of 7,570. Distillate Small/Mid Cash Flow ETF has a 12 month low of $32.94 and a 12 month high of $45.17. The firm has a market cap of $146.65 million, a price-to-earnings ratio of 11.45 and a beta of 0.98. The business’s 50-day moving average is $43.42 and its 200 day moving average is $40.38.

Institutional Trading of 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% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 62,066 shares of the company’s stock after purchasing an additional 1,566 shares during the quarter. Madison Asset Management LLC owned 1.94% of Distillate Small/Mid Cash Flow ETF worth $2,323,000 at the end of the most recent quarter.

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.