Dimensional US High Profitability ETF (NYSEARCA:DUHP) Short Interest Update

Dimensional US High Profitability ETF (NYSEARCA:DUHP) saw a large growth in short interest in the month of February. As of February 27th, there was short interest totaling 338,046 shares, a growth of 122.2% from the February 12th total of 152,135 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 1,147,664 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 1,147,664 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the shares of the stock are short sold.

Dimensional US High Profitability ETF Stock Down 0.5%

DUHP stock traded down $0.17 during midday trading on Friday, hitting $37.52. The company’s stock had a trading volume of 1,574,863 shares, compared to its average volume of 1,474,985. Dimensional US High Profitability ETF has a 12 month low of $28.68 and a 12 month high of $39.64. The company has a 50 day moving average of $38.72 and a two-hundred day moving average of $38.05. The firm has a market capitalization of $10.63 billion, a price-to-earnings ratio of 24.91 and a beta of 0.97.

Hedge Funds Weigh In On Dimensional US High Profitability ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Beacon Pointe Advisors LLC grew its stake in shares of Dimensional US High Profitability ETF by 3.5% in the 2nd quarter. Beacon Pointe Advisors LLC now owns 905,461 shares of the company’s stock worth $32,198,000 after buying an additional 30,588 shares in the last quarter. Legacy Financial Group Inc. increased its stake in Dimensional US High Profitability ETF by 2.7% in the second quarter. Legacy Financial Group Inc. now owns 448,307 shares of the company’s stock worth $15,942,000 after purchasing an additional 11,995 shares during the period. Emprise Bank purchased a new position in Dimensional US High Profitability ETF in the 3rd quarter worth about $528,000. Arkadios Wealth Advisors grew its stake in Dimensional US High Profitability ETF by 7.3% in the third quarter. Arkadios Wealth Advisors now owns 236,975 shares of the company’s stock worth $8,951,000 after purchasing an additional 16,161 shares in the last quarter. Finally, Daner Wealth Management LLC purchased a new position in shares of Dimensional US High Profitability ETF during the second quarter valued at $1,728,000.

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.