Distillate Small/Mid Cash Flow ETF (NYSE:DSMC) Stock Short Interest Declines 97.1%

Distillate Small/Mid Cash Flow ETF (NYSE:DSMC) was the recipient of a large drop in short interest during the month of October. As of October 30th, there was short interest totaling 332 shares, a drop of 97.1% from the October 15th total of 11,595 shares. Based on an average daily trading volume, of 6,157 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

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 position in shares of Distillate Small/Mid Cash Flow ETF (NYSE:DSMC) by 2.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 62,066 shares of the company’s stock after acquiring 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.

Distillate Small/Mid Cash Flow ETF Stock Performance

DSMC traded up $0.01 during trading on Tuesday, hitting $44.97. The stock had a trading volume of 6,576 shares, compared to its average volume of 7,612. The firm has a market capitalization of $148.38 million, a P/E ratio of 12.35 and a beta of 0.94. Distillate Small/Mid Cash Flow ETF has a twelve month low of $32.94 and a twelve month high of $46.07. The company’s 50-day moving average price is $43.60 and its 200 day moving average price is $40.72.

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.