Dimensional Emerging Markets Core Equity 2 ETF (NYSEARCA:DFEM – Get Free Report) saw a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 952,521 shares, an increase of 59.6% from the July 30th total of 596,993 shares. Based on an average daily trading volume, of 919,578 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.4% of the company’s shares are short sold.
Dimensional Emerging Markets Core Equity 2 ETF Stock Performance
NYSEARCA:DFEM traded down $0.10 during midday trading on Tuesday, reaching $40.08. 764,059 shares of the stock traded hands, compared to its average volume of 917,378. The stock has a market capitalization of $9.39 billion, a P/E ratio of 14.02 and a beta of 0.79. The company has a fifty day moving average of $39.20 and a 200 day moving average of $38.36. Dimensional Emerging Markets Core Equity 2 ETF has a 12 month low of $30.49 and a 12 month high of $42.57.
Hedge Funds Weigh In On Dimensional Emerging Markets Core Equity 2 ETF
Several hedge funds and other institutional investors have recently modified their holdings of DFEM. Brighton Jones LLC increased its holdings in Dimensional Emerging Markets Core Equity 2 ETF by 19.2% during the 4th quarter. Brighton Jones LLC now owns 843,054 shares of the company’s stock valued at $22,080,000 after purchasing an additional 135,562 shares during the period. Comerica Bank raised its holdings in shares of Dimensional Emerging Markets Core Equity 2 ETF by 279.5% during the first quarter. Comerica Bank now owns 945 shares of the company’s stock valued at $25,000 after acquiring an additional 696 shares in the last quarter. Royal Bank of Canada lifted its stake in Dimensional Emerging Markets Core Equity 2 ETF by 7.8% in the first quarter. Royal Bank of Canada now owns 28,538 shares of the company’s stock worth $755,000 after acquiring an additional 2,064 shares during the period. AQR Capital Management LLC lifted its stake in Dimensional Emerging Markets Core Equity 2 ETF by 6.6% in the first quarter. AQR Capital Management LLC now owns 34,737 shares of the company’s stock worth $919,000 after acquiring an additional 2,158 shares during the period. Finally, Cetera Investment Advisers bought a new stake in Dimensional Emerging Markets Core Equity 2 ETF in the second quarter valued at $441,000.
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.
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