Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE) Short Interest Down 34.4% in May

Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE) was the target of a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 5,081,671 shares, a decrease of 34.4% from the May 14th total of 7,746,854 shares. Currently, 2.1% of the company’s stock are short sold. Based on an average daily volume of 1,270,728 shares, the days-to-cover ratio is presently 4.0 days.

Dimensional Emerging Core Equity Market ETF Trading Up 1.6%

DFAE traded up $0.66 during midday trading on Wednesday, reaching $41.33. The company’s stock had a trading volume of 470,671 shares, compared to its average volume of 1,204,941. The firm has a market capitalization of $9.81 billion, a price-to-earnings ratio of 14.98 and a beta of 0.71. Dimensional Emerging Core Equity Market ETF has a 1 year low of $27.90 and a 1 year high of $41.65. The stock’s 50-day moving average is $38.61 and its 200-day moving average is $35.73.

Institutional Investors Weigh In On Dimensional Emerging Core Equity Market ETF

Institutional investors have recently made changes to their positions in the company. Nalls Sherbakoff Group LLC purchased a new stake in shares of Dimensional Emerging Core Equity Market ETF during the fourth quarter valued at approximately $26,000. Fifth Third Bancorp purchased a new stake in shares of Dimensional Emerging Core Equity Market ETF during the third quarter valued at approximately $27,000. IMG Wealth Management Inc. purchased a new stake in shares of Dimensional Emerging Core Equity Market ETF during the fourth quarter valued at approximately $28,000. UMB Bank n.a. purchased a new stake in shares of Dimensional Emerging Core Equity Market ETF during the fourth quarter valued at approximately $29,000. Finally, Angeles Wealth Management LLC purchased a new stake in shares of Dimensional Emerging Core Equity Market ETF during the first quarter valued at approximately $36,000.

About Dimensional Emerging Core Equity Market ETF

The Dimensional Emerging Core Equity Market ETF (DFAE) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects emerging markets securities of all sizes with a tilt toward small-cap companies, seeking to provide long-term capital appreciation. DFAE was launched on Dec 2, 2020 and is issued by Dimensional.