Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) Sees Large Drop in Short Interest

Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) was the recipient of a large drop in short interest in the month of December. As of December 31st, there was short interest totaling 187,340 shares, a drop of 22.1% from the December 15th total of 240,613 shares. Based on an average trading volume of 377,851 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.1% of the shares of the company are sold short. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 377,851 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Investors Weigh In On Dimensional U.S. Targeted Value ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Creative Planning increased its position in Dimensional U.S. Targeted Value ETF by 1.1% in the 2nd quarter. Creative Planning now owns 14,095,721 shares of the company’s stock worth $760,605,000 after purchasing an additional 150,227 shares during the last quarter. Focus Partners Wealth grew its position in shares of Dimensional U.S. Targeted Value ETF by 3.8% in the third quarter. Focus Partners Wealth now owns 13,243,500 shares of the company’s stock valued at $770,880,000 after purchasing an additional 485,231 shares during the last quarter. Forum Financial Management LP increased its stake in shares of Dimensional U.S. Targeted Value ETF by 4.3% in the third quarter. Forum Financial Management LP now owns 9,753,142 shares of the company’s stock worth $567,730,000 after purchasing an additional 399,577 shares during the period. Index Fund Advisors Inc. lifted its position in shares of Dimensional U.S. Targeted Value ETF by 5.7% during the 3rd quarter. Index Fund Advisors Inc. now owns 6,520,506 shares of the company’s stock worth $379,559,000 after purchasing an additional 349,087 shares during the last quarter. Finally, Savant Capital LLC boosted its stake in Dimensional U.S. Targeted Value ETF by 0.6% during the 3rd quarter. Savant Capital LLC now owns 4,974,930 shares of the company’s stock valued at $289,591,000 after purchasing an additional 29,718 shares during the period.

Dimensional U.S. Targeted Value ETF Price Performance

Shares of DFAT traded down $0.41 during trading hours on Friday, reaching $63.19. 215,201 shares of the company’s stock traded hands, compared to its average volume of 346,033. The firm has a market capitalization of $12.76 billion, a price-to-earnings ratio of 12.39 and a beta of 1.04. The business’s fifty day simple moving average is $59.72 and its two-hundred day simple moving average is $58.05. Dimensional U.S. Targeted Value ETF has a twelve month low of $44.01 and a twelve month high of $63.67.

Dimensional U.S. Targeted Value ETF Company Profile

The Dimensional U.S. Targeted Value ETF (DFAT) is an exchange-traded fund that mostly invests in extended market equity. The fund is an active, tax-managed fund that seeks to provide long-term capital appreciation from a portfolio of US mid- and small-cap value stocks. DFAT was launched on Dec 11, 1998 and is managed by Dimensional.