Davis Select U.S. Equity ETF (BATS:DUSA) Short Interest Update

Davis Select U.S. Equity ETF (BATS:DUSA) was the recipient of a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 74,793 shares, a growth of 865.4% from the April 30th total of 7,747 shares. Based on an average daily trading volume, of 50,045 shares, the short-interest ratio is presently 1.5 days. Approximately 0.5% of the company’s stock are sold short.

Institutional Investors Weigh In On Davis Select U.S. Equity ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in DUSA. TD Waterhouse Canada Inc. acquired a new stake in Davis Select U.S. Equity ETF in the 4th quarter valued at $41,000. Advisory Services Network LLC acquired a new stake in Davis Select U.S. Equity ETF in the 3rd quarter valued at $44,000. Birchwood Financial Partners Inc. acquired a new stake in Davis Select U.S. Equity ETF in the 4th quarter valued at $111,000. Fifth Third Bancorp acquired a new stake in Davis Select U.S. Equity ETF in the 1st quarter valued at $216,000. Finally, Arkadios Wealth Advisors acquired a new position in shares of Davis Select U.S. Equity ETF during the 4th quarter worth about $246,000.

Davis Select U.S. Equity ETF Trading Up 0.6%

Shares of DUSA stock opened at $56.11 on Thursday. Davis Select U.S. Equity ETF has a 1 year low of $43.05 and a 1 year high of $56.46. The firm’s fifty day moving average price is $53.57 and its two-hundred day moving average price is $52.05. The firm has a market capitalization of $886.54 million, a P/E ratio of 17.61 and a beta of 0.97.

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.