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 drop in short interest in the month of May. As of May 29th, there was short interest totaling 49,431 shares, a drop of 33.9% from the May 14th total of 74,793 shares. Based on an average daily volume of 50,028 shares, the days-to-cover ratio is currently 1.0 days. Approximately 0.3% of the company’s stock are short sold.

Institutional Trading of Davis Select U.S. Equity ETF

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

Davis Select U.S. Equity ETF Price Performance

DUSA opened at $56.59 on Tuesday. The business’s 50-day moving average price is $54.87 and its two-hundred day moving average price is $52.74. Davis Select U.S. Equity ETF has a 1 year low of $44.17 and a 1 year high of $56.80. The company has a market capitalization of $894.12 million, a price-to-earnings ratio of 17.61 and a beta of 0.97.

About Davis Select U.S. Equity ETF

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.