Dimensional International Core Equity Market ETF (NYSEARCA:DFAI) Sees Large Decline in Short Interest

Dimensional International Core Equity Market ETF (NYSEARCA:DFAI) was the target of a significant drop in short interest in April. As of April 30th, there was short interest totaling 476,566 shares, a drop of 67.8% from the April 15th total of 1,481,665 shares. Based on an average daily trading volume, of 1,276,782 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.1% of the shares of the stock are short sold.

Dimensional International Core Equity Market ETF Trading Down 1.6%

DFAI stock traded down $0.68 during trading hours on Friday, hitting $40.83. 1,621,832 shares of the stock traded hands, compared to its average volume of 1,852,111. Dimensional International Core Equity Market ETF has a one year low of $33.17 and a one year high of $42.43. The company has a market cap of $15.76 billion, a P/E ratio of 15.89 and a beta of 0.76. The stock has a 50-day simple moving average of $40.11 and a 200 day simple moving average of $39.26.

Institutional Investors Weigh In On Dimensional International Core Equity Market ETF

Several hedge funds have recently bought and sold shares of DFAI. Brighton Jones LLC raised its stake in shares of Dimensional International Core Equity Market ETF by 21.2% during the 4th quarter. Brighton Jones LLC now owns 1,073,196 shares of the company’s stock worth $31,337,000 after purchasing an additional 188,084 shares in the last quarter. AQR Capital Management LLC raised its stake in shares of Dimensional International Core Equity Market ETF by 39.2% during the 1st quarter. AQR Capital Management LLC now owns 49,086 shares of the company’s stock worth $1,533,000 after purchasing an additional 13,819 shares in the last quarter. Jane Street Group LLC acquired a new position in shares of Dimensional International Core Equity Market ETF during the 1st quarter valued at about $7,385,000. JPMorgan Chase & Co. increased its holdings in shares of Dimensional International Core Equity Market ETF by 0.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 157,050 shares of the company’s stock valued at $5,429,000 after acquiring an additional 922 shares during the last quarter. Finally, Sei Investments Co. acquired a new position in shares of Dimensional International Core Equity Market ETF during the 2nd quarter valued at about $1,205,000.

Dimensional International Core Equity Market ETF Company Profile

The Dimensional International Core Equity Market ETF (DFAI) is an exchange-traded fund that is based on the MSCI World ex USA IMI index. The fund is an actively-managed fund that seeks a broad exposure to relatively low-priced and profitable stocks in developed countries outside the US. DFAI was launched on Nov 17, 2020 and is managed by Dimensional.