Short Interest in Dimensional Emerging Markets Core Equity 2 ETF (NYSEARCA:DFEM) Declines By 64.9%

Dimensional Emerging Markets Core Equity 2 ETF (NYSEARCA:DFEM) was the target of a large decrease in short interest in June. As of June 30th, there was short interest totaling 163,907 shares, a decrease of 64.9% from the June 15th total of 466,626 shares. Based on an average daily volume of 1,019,152 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the shares of the company are short sold.

Dimensional Emerging Markets Core Equity 2 ETF Trading Down 0.2%

Shares of NYSEARCA:DFEM traded down $0.07 on Wednesday, hitting $39.08. 1,060,604 shares of the company were exchanged, compared to its average volume of 908,071. Dimensional Emerging Markets Core Equity 2 ETF has a 1-year low of $29.66 and a 1-year high of $42.57. The stock’s 50 day moving average price is $40.25 and its 200 day moving average price is $37.37. The firm has a market capitalization of $9.06 billion, a P/E ratio of 14.02 and a beta of 0.78.

Hedge Funds Weigh In On Dimensional Emerging Markets Core Equity 2 ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DFEM. Comerica Bank increased its holdings in shares of Dimensional Emerging Markets Core Equity 2 ETF by 279.5% in the first quarter. Comerica Bank now owns 945 shares of the company’s stock valued at $25,000 after purchasing an additional 696 shares during the period. Larson Financial Group LLC purchased a new stake in Dimensional Emerging Markets Core Equity 2 ETF in the third quarter valued at approximately $27,000. Financial Connections Group Inc. acquired a new position in Dimensional Emerging Markets Core Equity 2 ETF in the 1st quarter worth approximately $29,000. Elevate Wealth Advisory Inc. raised its position in Dimensional Emerging Markets Core Equity 2 ETF by 2,335.7% during the 4th quarter. Elevate Wealth Advisory Inc. now owns 1,023 shares of the company’s stock worth $34,000 after buying an additional 981 shares during the last quarter. Finally, Topsail Wealth Management LLC raised its position in Dimensional Emerging Markets Core Equity 2 ETF by 87.8% during the 4th quarter. Topsail Wealth Management LLC now owns 1,335 shares of the company’s stock worth $44,000 after buying an additional 624 shares during the last quarter.

About Dimensional Emerging Markets Core Equity 2 ETF

The Dimensional Emerging Markets Core Equity 2 ETF (DFEM) 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. DFEM was launched on Apr 27, 2022 and is managed by Dimensional.