Dimensional US High Profitability ETF (NYSEARCA:DUHP) Shares Shorted: Short Interest Up 65.5% in October

Dimensional US High Profitability ETF (NYSEARCA:DUHP) saw a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 254,744 shares, a growth of 65.5% from the September 30th total of 153,915 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 883,583 shares, the short-interest ratio is presently 0.3 days.

Dimensional US High Profitability ETF Price Performance

DUHP stock opened at $42.62 on Monday. The company has a market capitalization of $12.96 billion, a P/E ratio of 24.91 and a beta of 0.94. The company has a 50-day simple moving average of $42.29 and a 200 day simple moving average of $40.43. Dimensional US High Profitability ETF has a fifty-two week low of $35.69 and a fifty-two week high of $43.17.

Hedge Funds Weigh In On Dimensional US High Profitability ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in DUHP. Trust Co. of Vermont acquired a new stake in shares of Dimensional US High Profitability ETF in the second quarter valued at $36,000. Capital Analysts LLC acquired a new position in Dimensional US High Profitability ETF during the second quarter worth about $41,000. Archer Investment Corp acquired a new position in Dimensional US High Profitability ETF during the first quarter worth about $45,000. Turtle Creek Wealth Advisors LLC acquired a new position in Dimensional US High Profitability ETF during the first quarter worth about $56,000. Finally, Robinswood Financial LLC bought a new stake in Dimensional US High Profitability ETF in the first quarter worth about $80,000.

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.