Short Interest in Dimensional Emerging Markets High Profitability ETF (NYSEARCA:DEHP) Rises By 1,071.1%

Dimensional Emerging Markets High Profitability ETF (NYSEARCA:DEHP) was the target of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 69,737 shares, an increase of 1,071.1% from the August 15th total of 5,955 shares. Approximately 0.7% of the shares of the stock are short sold. Based on an average daily trading volume, of 25,333 shares, the days-to-cover ratio is currently 2.8 days.

Institutional Trading of Dimensional Emerging Markets High Profitability ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Integrated Wealth Concepts LLC lifted its holdings in Dimensional Emerging Markets High Profitability ETF by 1.4% in the second quarter. Integrated Wealth Concepts LLC now owns 92,909 shares of the company’s stock valued at $3,974,000 after acquiring an additional 1,288 shares during the last quarter. NewEdge Advisors LLC increased its stake in Dimensional Emerging Markets High Profitability ETF by 3.4% during the second quarter. NewEdge Advisors LLC now owns 93,795 shares of the company’s stock worth $4,012,000 after acquiring an additional 3,081 shares during the last quarter. Bedel Financial Consulting Inc. purchased a new stake in Dimensional Emerging Markets High Profitability ETF in the second quarter valued at $200,000. Acorn Wealth Advisors LLC raised its position in Dimensional Emerging Markets High Profitability ETF by 5.0% in the second quarter. Acorn Wealth Advisors LLC now owns 31,056 shares of the company’s stock valued at $1,328,000 after purchasing an additional 1,475 shares during the period. Finally, Canvas Wealth Advisors LLC acquired a new position in shares of Dimensional Emerging Markets High Profitability ETF in the 2nd quarter valued at $266,000.

Dimensional Emerging Markets High Profitability ETF Price Performance

DEHP stock traded up $0.61 during trading on Friday, hitting $41.94. The stock had a trading volume of 8,731 shares, compared to its average volume of 34,782. The company’s 50-day moving average price is $40.56 and its two-hundred day moving average price is $39.32. The stock has a market capitalization of $448.72 million, a P/E ratio of 16.44 and a beta of 0.86. Dimensional Emerging Markets High Profitability ETF has a twelve month low of $29.90 and a twelve month high of $45.13.

Dimensional Emerging Markets High Profitability ETF Company Profile

The Dimensional Emerging Markets High Profitability ETF (DEHP) is an exchange-traded fund that mostly invests in large cap equity. The fund actively selects large-cap emerging markets companies exhibiting high profitability characteristics, seeking to provide long-term capital appreciation. DEHP was launched on Apr 27, 2022 and is managed by Dimensional.