Davis Select U.S. Equity ETF (BATS:DUSA) Short Interest Down 46.0% in June

Davis Select U.S. Equity ETF (BATS:DUSA) was the target of a significant decline in short interest in the month of June. As of June 30th, there was short interest totaling 37,459 shares, a decline of 46.0% from the June 15th total of 69,396 shares. Based on an average daily trading volume, of 50,597 shares, the short-interest ratio is presently 0.7 days. Approximately 0.2% of the company’s shares are short sold.

Davis Select U.S. Equity ETF Stock Performance

DUSA opened at $57.56 on Wednesday. The stock’s 50 day moving average price is $56.08 and its 200-day moving average price is $53.57. Davis Select U.S. Equity ETF has a one year low of $44.92 and a one year high of $57.76. The stock has a market cap of $909.45 million, a price-to-earnings ratio of 17.61 and a beta of 0.97.

Institutional Trading of Davis Select U.S. Equity ETF

Large investors have recently modified their holdings of the company. Royal Bank of Canada increased its holdings in Davis Select U.S. Equity ETF by 16.7% during the 1st quarter. Royal Bank of Canada now owns 26,902 shares of the company’s stock worth $1,138,000 after purchasing an additional 3,857 shares during the period. Integrated Wealth Concepts LLC raised its position in Davis Select U.S. Equity ETF by 5.3% during the 1st quarter. Integrated Wealth Concepts LLC now owns 13,956 shares of the company’s stock valued at $591,000 after purchasing an additional 701 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in shares of Davis Select U.S. Equity ETF by 21.5% in the 2nd quarter. Raymond James Financial Inc. now owns 325,920 shares of the company’s stock worth $15,084,000 after buying an additional 57,608 shares during the period. Jane Street Group LLC lifted its holdings in shares of Davis Select U.S. Equity ETF by 59.4% in the 2nd quarter. Jane Street Group LLC now owns 22,471 shares of the company’s stock worth $1,040,000 after buying an additional 8,376 shares during the period. Finally, Private Advisor Group LLC lifted its holdings in shares of Davis Select U.S. Equity ETF by 9.3% in the 3rd quarter. Private Advisor Group LLC now owns 40,090 shares of the company’s stock worth $1,920,000 after buying an additional 3,398 shares during the period.

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.