Short Interest in Dimensional International High Profitability ETF (BATS:DIHP) Declines By 75.4%

Dimensional International High Profitability ETF (BATS:DIHP) saw a large decline in short interest in May. As of May 29th, there was short interest totaling 215,884 shares, a decline of 75.4% from the May 14th total of 878,756 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 570,299 shares, the days-to-cover ratio is presently 0.4 days.

Dimensional International High Profitability ETF Stock Up 0.4%

Shares of BATS:DIHP traded up $0.14 during midday trading on Friday, hitting $34.59. The stock had a trading volume of 268,759 shares, compared to its average volume of 596,609. The company’s 50-day moving average price is $33.78 and its 200-day moving average price is $33.06. The company has a market capitalization of $4.86 billion, a P/E ratio of 17.57 and a beta of 0.90. Dimensional International High Profitability ETF has a fifty-two week low of $28.53 and a fifty-two week high of $35.31.

Institutional Investors Weigh In On Dimensional International High Profitability ETF

Several hedge funds and other institutional investors have recently made changes to their positions in DIHP. AQR Capital Management LLC grew its holdings in shares of Dimensional International High Profitability ETF by 54.4% during the 1st quarter. AQR Capital Management LLC now owns 22,009 shares of the company’s stock valued at $593,000 after purchasing an additional 7,750 shares during the last quarter. Brown Advisory Inc. bought a new stake in shares of Dimensional International High Profitability ETF during the 2nd quarter valued at approximately $214,000. Betterment LLC grew its holdings in Dimensional International High Profitability ETF by 23.6% during the 2nd quarter. Betterment LLC now owns 47,597 shares of the company’s stock worth $1,404,000 after acquiring an additional 9,092 shares during the last quarter. Raymond James Financial Inc. grew its holdings in Dimensional International High Profitability ETF by 41.2% during the 2nd quarter. Raymond James Financial Inc. now owns 169,298 shares of the company’s stock worth $4,993,000 after acquiring an additional 49,426 shares during the last quarter. Finally, Sentinel Wealth Management Inc. bought a new stake in Dimensional International High Profitability ETF during the 2nd quarter worth approximately $1,063,000.

Dimensional International High Profitability ETF Company Profile

The Dimensional International High Profitability ETF (DIHP) is an exchange-traded fund that mostly invests in large cap equity. The fund invests in a broad and diverse group of non-US large-cap stocks from developed markets, actively selected based on perceived higher profitability relative to other large-cap companies in the same countries or region. DIHP was launched on Mar 23, 2022 and is managed by Dimensional.