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) saw a large increase in short interest in 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. Based on an average trading volume of 36,726 shares, the short-interest ratio is currently 1.4 days. Currently, 1.3% of the shares of the company are short sold.

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

Shares of Brandywine GLOBAL Dynamic US Large Cap Value ETF stock traded down $0.08 during trading on Monday, hitting $15.69. 672 shares of the stock were exchanged, compared to its average volume of 24,895. The stock has a market capitalization of $59.62 million, a price-to-earnings ratio of 14.48 and a beta of 0.61. The company has a fifty day moving average price of $16.08 and a 200-day moving average price of $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.

Brandywine GLOBAL Dynamic US Large Cap Value ETF Increases Dividend

The firm also recently declared an annual dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were paid a $0.5222 dividend. This is a boost 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 yield of 344.0%.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in DVAL. NORTHSTAR ASSET MANAGEMENT Co acquired a new stake in Brandywine GLOBAL Dynamic US Large Cap Value ETF in the 3rd quarter worth about $623,000. Citadel Advisors LLC grew its position 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 acquiring an additional 11,933 shares during the last quarter. EverSource Wealth Advisors LLC bought a new stake in shares of Brandywine GLOBAL Dynamic US Large Cap Value ETF during the first quarter worth $54,000. Finally, Western Wealth Management LLC acquired a new stake in shares of Brandywine GLOBAL Dynamic US Large Cap Value ETF during the first quarter valued at about $34,000.

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.