Davis Select U.S. Equity ETF (BATS:DUSA) Shares Shorted: Short Interest Up 112.9% in September

Davis Select U.S. Equity ETF (BATS:DUSA) saw a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 38,115 shares, an increase of 112.9% from the August 31st total of 17,905 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 32,331 shares, the days-to-cover ratio is presently 1.2 days.

Davis Select U.S. Equity ETF Stock Down 0.3%

Shares of DUSA stock opened at $55.07 on Wednesday. The stock has a market cap of $870.11 million, a price-to-earnings ratio of 17.61 and a beta of 0.97. The business’s fifty day moving average is $56.90 and its 200 day moving average is $55.44. Davis Select U.S. Equity ETF has a twelve month low of $46.50 and a twelve month high of $58.53.

Institutional Trading of Davis Select U.S. Equity ETF

A number of hedge funds have recently modified their holdings of the business. Bank of America Corp DE boosted its position in shares of Davis Select U.S. Equity ETF by 6.1% in the 1st quarter. Bank of America Corp DE now owns 1,631,655 shares of the company’s stock worth $82,790,000 after purchasing an additional 94,125 shares in the last quarter. Next Level Private LLC increased its position in Davis Select U.S. Equity ETF by 16.7% during the 1st quarter. Next Level Private LLC now owns 435,158 shares of the company’s stock valued at $22,080,000 after buying an additional 62,218 shares in the last quarter. IFP Advisors Inc raised its stake in Davis Select U.S. Equity ETF by 1,235.3% during the second quarter. IFP Advisors Inc now owns 35,586 shares of the company’s stock valued at $1,999,000 after buying an additional 32,921 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in Davis Select U.S. Equity ETF by 6,436.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 32,682 shares of the company’s stock valued at $1,671,000 after buying an additional 32,182 shares during the last quarter. Finally, Royal Bank of Canada boosted its holdings in Davis Select U.S. Equity ETF by 16.3% in the first quarter. Royal Bank of Canada now owns 79,291 shares of the company’s stock worth $4,023,000 after acquiring an additional 11,115 shares in the last quarter.

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.