Dimensional US High Profitability ETF (NYSEARCA:DUHP) Sees Significant Growth in Short Interest

Dimensional US High Profitability ETF (NYSEARCA:DUHP) was the recipient of a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 360,627 shares, a growth of 32.8% from the December 31st total of 271,650 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 1,333,642 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 1,333,642 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the company’s shares are short sold.

Institutional Investors Weigh In On Dimensional US High Profitability ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Mercer Global Advisors Inc. ADV boosted its position in shares of Dimensional US High Profitability ETF by 6.2% during the third quarter. Mercer Global Advisors Inc. ADV now owns 42,604,612 shares of the company’s stock valued at $1,609,176,000 after buying an additional 2,484,185 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in Dimensional US High Profitability ETF by 4.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 36,539,311 shares of the company’s stock valued at $1,299,338,000 after buying an additional 1,507,394 shares during the last quarter. Focus Partners Wealth boosted its stake in shares of Dimensional US High Profitability ETF by 3.3% in the 3rd quarter. Focus Partners Wealth now owns 18,587,943 shares of the company’s stock worth $702,455,000 after buying an additional 585,098 shares during the last quarter. Forum Financial Management LP lifted its holdings in Dimensional US High Profitability ETF by 6.3% during the fourth quarter. Forum Financial Management LP now owns 8,017,707 shares of the company’s stock worth $304,913,000 after acquiring an additional 472,714 shares during the period. Finally, Pure Financial Advisors LLC boosted its position in Dimensional US High Profitability ETF by 8.8% in the third quarter. Pure Financial Advisors LLC now owns 6,927,240 shares of the company’s stock worth $261,642,000 after purchasing an additional 561,873 shares during the last quarter.

Dimensional US High Profitability ETF Stock Down 1.2%

Shares of DUHP stock traded down $0.46 during trading hours on Tuesday, hitting $38.51. 812,903 shares of the company’s stock traded hands, compared to its average volume of 1,328,023. Dimensional US High Profitability ETF has a 12 month low of $28.68 and a 12 month high of $39.01. The stock has a market cap of $10.66 billion, a PE ratio of 24.91 and a beta of 0.97. The stock’s 50 day simple moving average is $38.26 and its 200 day simple moving average is $37.58.

About Dimensional US High Profitability ETF

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.