Davis Select Financial ETF (BATS:DFNL) Short Interest Up 250.0% in June

Davis Select Financial ETF (BATS:DFNL) saw a large growth in short interest in June. As of June 30th, there was short interest totaling 34,464 shares, a growth of 250.0% from the June 15th total of 9,847 shares. Approximately 0.5% of the company’s shares are short sold. Based on an average trading volume of 43,487 shares, the days-to-cover ratio is presently 0.8 days.

Davis Select Financial ETF Price Performance

Shares of BATS DFNL opened at $50.54 on Monday. The firm has a market cap of $336.09 million, a PE ratio of 13.00 and a beta of 0.97. Davis Select Financial ETF has a 12-month low of $42.21 and a 12-month high of $51.68. The company’s fifty day simple moving average is $47.56 and its 200 day simple moving average is $47.39.

Institutional Trading of Davis Select Financial ETF

Large investors have recently made changes to their positions in the company. Thrivent Financial for Lutherans acquired a new position in Davis Select Financial ETF during the 4th quarter worth approximately $41,646,000. LPL Financial LLC grew its stake in Davis Select Financial ETF by 8.3% in the fourth quarter. LPL Financial LLC now owns 396,816 shares of the company’s stock valued at $19,178,000 after acquiring an additional 30,475 shares during the period. Bank of America Corp DE grew its stake in Davis Select Financial ETF by 5.2% in the first quarter. Bank of America Corp DE now owns 209,529 shares of the company’s stock valued at $9,395,000 after acquiring an additional 10,288 shares during the period. HighTower Advisors LLC increased its holdings in shares of Davis Select Financial ETF by 0.8% during the fourth quarter. HighTower Advisors LLC now owns 128,853 shares of the company’s stock valued at $6,227,000 after acquiring an additional 1,004 shares in the last quarter. Finally, Royal Bank of Canada increased its holdings in shares of Davis Select Financial ETF by 145.1% during the first quarter. Royal Bank of Canada now owns 126,975 shares of the company’s stock valued at $5,694,000 after acquiring an additional 75,169 shares in the last quarter.

Davis Select Financial ETF Company Profile

The Davis Select Financial ETF (DFNL) is an exchange-traded fund that is based on the S&P 500 Financials index. The fund is an actively-managed portfolio of global financial sector stocks. The fund seeks long-term growth of capital. DFNL was launched on Jan 11, 2017 and is managed by Davis.