Brandywine GLOBAL Dynamic US Large Cap Value ETF (NASDAQ:DVAL) Sees Large Growth in Short Interest

Brandywine GLOBAL Dynamic US Large Cap Value ETF (NASDAQ:DVAL) was the target of a large increase in short interest in January. As of January 30th, there was short interest totaling 2,736 shares, an increase of 113.4% from the January 15th total of 1,282 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 21,216 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 21,216 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Brandywine GLOBAL Dynamic US Large Cap Value ETF Price Performance

Brandywine GLOBAL Dynamic US Large Cap Value ETF stock opened at $15.30 on Friday. The firm has a market capitalization of $121.64 million, a P/E ratio of 14.48 and a beta of 0.70. The stock has a fifty day moving average price of $14.76 and a two-hundred day moving average price of $14.51. Brandywine GLOBAL Dynamic US Large Cap Value ETF has a 52-week low of $11.87 and a 52-week high of $15.47.

Brandywine GLOBAL Dynamic US Large Cap Value ETF Cuts Dividend

The company also recently announced an annual dividend, which was paid on Monday, December 29th. Investors of record on Friday, December 19th were given a dividend of $0.2877 per share. The ex-dividend date was Friday, December 19th. This represents a dividend yield of 200.0%.

Institutional Trading of Brandywine GLOBAL Dynamic US Large Cap Value ETF

Several large investors have recently added to or reduced their stakes in DVAL. Raymond James Financial Inc. raised its stake in shares of Brandywine GLOBAL Dynamic US Large Cap Value ETF by 20.9% in the second quarter. Raymond James Financial Inc. now owns 190,944 shares of the company’s stock valued at $2,703,000 after acquiring an additional 32,945 shares during the last quarter. AE Wealth Management LLC acquired a new stake in Brandywine GLOBAL Dynamic US Large Cap Value ETF during the 3rd quarter valued at $108,000. Franklin Resources Inc. raised its position in Brandywine GLOBAL Dynamic US Large Cap Value ETF by 1.5% in the 3rd quarter. Franklin Resources Inc. now owns 1,488,389 shares of the company’s stock valued at $21,634,000 after purchasing an additional 21,829 shares during the last quarter. Susquehanna International Group LLP boosted its stake in Brandywine GLOBAL Dynamic US Large Cap Value ETF by 60.5% in the third quarter. Susquehanna International Group LLP now owns 20,300 shares of the company’s stock worth $295,000 after purchasing an additional 7,654 shares in the last quarter. Finally, LPL Financial LLC boosted its stake in Brandywine GLOBAL Dynamic US Large Cap Value ETF by 5.9% in the fourth quarter. LPL Financial LLC now owns 158,727 shares of the company’s stock worth $2,284,000 after purchasing an additional 8,828 shares in the last quarter.

Brandywine GLOBAL Dynamic US Large Cap Value ETF Company Profile

The BrandywineGLOBAL Dynamic U.S. Large Cap Value ETF (DVAL) is an exchange-traded fund that is based on the Russell 1000 Value index. The fund is actively managed to hold a portfolio of US large-cap value companies. Stocks are selected using a proprietary multi-factor approach. DVAL was launched on Dec 27, 2006 and is managed by Franklin Templeton.