Davis Select Worldwide ETF (BATS:DWLD) Short Interest Down 57.8% in June

Davis Select Worldwide ETF (BATS:DWLD) was the target of a large drop in short interest in June. As of June 15th, there was short interest totaling 6,749 shares, a drop of 57.8% from the May 31st total of 15,982 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 16,610 shares, the short-interest ratio is currently 0.4 days.

Institutional Investors Weigh In On Davis Select Worldwide ETF

A number of large investors have recently modified their holdings of the business. Bank of America Corp DE increased its stake in shares of Davis Select Worldwide ETF by 300.6% in the 1st quarter. Bank of America Corp DE now owns 430,193 shares of the company’s stock valued at $18,847,000 after purchasing an additional 322,810 shares during the last quarter. Royal Bank of Canada lifted its position in shares of Davis Select Worldwide ETF by 21.0% during the 1st quarter. Royal Bank of Canada now owns 388,003 shares of the company’s stock worth $16,998,000 after buying an additional 67,364 shares during the last quarter. Cetera Investment Advisers lifted its position in shares of Davis Select Worldwide ETF by 7.1% during the 1st quarter. Cetera Investment Advisers now owns 780,871 shares of the company’s stock worth $34,210,000 after buying an additional 52,074 shares during the last quarter. Geneos Wealth Management Inc. lifted its position in shares of Davis Select Worldwide ETF by 1.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 13,216 shares of the company’s stock worth $579,000 after buying an additional 216 shares during the last quarter. Finally, NBZ Investment Advisors LLC acquired a new stake in Davis Select Worldwide ETF in the first quarter valued at about $200,000.

Davis Select Worldwide ETF Price Performance

Shares of BATS:DWLD opened at $45.93 on Monday. Davis Select Worldwide ETF has a 1 year low of $40.69 and a 1 year high of $49.01. The stock has a market capitalization of $479.05 million, a price-to-earnings ratio of 15.51 and a beta of 0.82. The company’s 50 day simple moving average is $47.10 and its 200 day simple moving average is $46.41.

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.