Dimensional US High Profitability ETF (NYSEARCA:DUHP) Sees Significant Drop in Short Interest

Dimensional US High Profitability ETF (NYSEARCA:DUHP) was the recipient of a large drop in short interest during the month of September. As of September 15th, there was short interest totaling 157,910 shares, a drop of 43.4% from the August 31st total of 278,915 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 695,718 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Trading of Dimensional US High Profitability ETF

Several institutional investors and hedge funds have recently made changes to their positions in the business. Focus Partners Wealth boosted its stake in shares of Dimensional US High Profitability ETF by 3.9% during the fourth quarter. Focus Partners Wealth now owns 19,304,073 shares of the company’s stock valued at $734,134,000 after purchasing an additional 716,130 shares in the last quarter. Forum Financial Management LP increased its holdings in shares of Dimensional US High Profitability ETF by 5.5% during the first quarter. Forum Financial Management LP now owns 8,459,674 shares of the company’s stock valued at $310,978,000 after acquiring an additional 441,967 shares in the last quarter. Envestnet Asset Management Inc. raised its position in shares of Dimensional US High Profitability ETF by 12.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 4,104,606 shares of the company’s stock valued at $171,285,000 after purchasing an additional 447,111 shares during the last quarter. Apella Capital LLC boosted its stake in Dimensional US High Profitability ETF by 5.9% in the 2nd quarter. Apella Capital LLC now owns 4,123,403 shares of the company’s stock worth $171,121,000 after purchasing an additional 231,456 shares in the last quarter. Finally, Foster Group Inc. grew its position in Dimensional US High Profitability ETF by 2.3% during the 2nd quarter. Foster Group Inc. now owns 3,144,475 shares of the company’s stock worth $131,219,000 after purchasing an additional 71,406 shares during the last quarter.

Dimensional US High Profitability ETF Price Performance

Shares of NYSEARCA:DUHP traded up $0.26 during trading hours on Friday, hitting $42.40. 124,199 shares of the company’s stock traded hands, compared to its average volume of 1,089,135. The firm has a market capitalization of $12.85 billion, a P/E ratio of 24.91 and a beta of 0.94. The business has a fifty day moving average price of $42.10 and a 200-day moving average price of $40.61. Dimensional US High Profitability ETF has a 1 year low of $35.69 and a 1 year high of $42.90.

Dimensional US High Profitability ETF Company Profile

The Dimensional US High Profitability ETF (DUHP) is an exchange-traded fund that mostly invests in large cap equity. The fund invests in a broad and diverse group of large-cap US stocks actively selected based on perceived higher profitability relative to other US large-cap companies. DUHP was launched on Feb 23, 2022 and is managed by Dimensional.