Davis Select Worldwide ETF (BATS:DWLD) Sees Significant Growth in Short Interest

Davis Select Worldwide ETF (BATS:DWLD) saw a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 15,982 shares, a growth of 61.6% from the May 14th total of 9,892 shares. Based on an average trading volume of 13,580 shares, the short-interest ratio is presently 1.2 days. Approximately 0.2% of the shares of the stock are short sold.

Davis Select Worldwide ETF Stock Performance

BATS DWLD opened at $47.79 on Tuesday. Davis Select Worldwide ETF has a 52-week low of $39.78 and a 52-week high of $49.01. The company has a market capitalization of $498.45 million, a P/E ratio of 15.51 and a beta of 0.82. The company has a fifty day moving average of $46.86 and a 200-day moving average of $46.38.

Institutional Trading of Davis Select Worldwide ETF

A number of hedge funds have recently made changes to their positions in DWLD. Birchwood Financial Partners Inc. bought a new stake in shares of Davis Select Worldwide ETF during the 4th quarter worth $46,000. Fifth Third Bancorp bought a new stake in shares of Davis Select Worldwide ETF during the 1st quarter worth $97,000. NBZ Investment Advisors LLC bought a new stake in shares of Davis Select Worldwide ETF during the 1st quarter worth $200,000. Mariner LLC lifted its holdings in shares of Davis Select Worldwide ETF by 10.8% during the 3rd quarter. Mariner LLC now owns 6,590 shares of the company’s stock worth $298,000 after acquiring an additional 640 shares during the last quarter. Finally, NewEdge Advisors LLC bought a new stake in shares of Davis Select Worldwide ETF during the 3rd quarter worth $326,000.

About Davis Select Worldwide ETF

The Davis Select Worldwide ETF (DWLD) is an exchange-traded fund that is based on the MSCI AWCI index. The fund is an actively-managed portfolio of global equities. The fund seeks long-term capital growth. DWLD was launched on Jan 11, 2017 and is managed by Davis.