Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE) Sees Significant Increase in Short Interest

Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE) was the target of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 1,444,631 shares, a growth of 134.5% from the July 30th total of 616,018 shares. Currently, 0.6% of the company’s stock are short sold. Based on an average daily trading volume, of 902,438 shares, the days-to-cover ratio is presently 1.6 days.

Hedge Funds Weigh In On Dimensional Emerging Core Equity Market ETF

Several large investors have recently bought and sold shares of DFAE. Petersen Hastings Wealth Advisors Inc. acquired a new position in shares of Dimensional Emerging Core Equity Market ETF during the 4th quarter worth $41,422,000. Amicus Financial Advisors LLC acquired a new stake in Dimensional Emerging Core Equity Market ETF in the 4th quarter valued at about $8,413,000. Sanctuary Advisors LLC purchased a new position in Dimensional Emerging Core Equity Market ETF during the 4th quarter valued at about $621,000. Eclectic Associates Inc. ADV raised its position in Dimensional Emerging Core Equity Market ETF by 34.7% during the fourth quarter. Eclectic Associates Inc. ADV now owns 434,168 shares of the company’s stock worth $14,141,000 after acquiring an additional 111,764 shares during the last quarter. Finally, Horizon Investments LLC raised its position in Dimensional Emerging Core Equity Market ETF by 78.0% during the fourth quarter. Horizon Investments LLC now owns 1,340,917 shares of the company’s stock worth $43,674,000 after acquiring an additional 587,678 shares during the last quarter.

Dimensional Emerging Core Equity Market ETF Price Performance

Shares of Dimensional Emerging Core Equity Market ETF stock traded down $0.21 on Friday, reaching $39.79. 742,353 shares of the company were exchanged, compared to its average volume of 1,188,498. The stock’s 50 day moving average price is $38.82 and its 200-day moving average price is $37.77. Dimensional Emerging Core Equity Market ETF has a 1-year low of $29.64 and a 1-year high of $42.16. The company has a market cap of $9.86 billion, a P/E ratio of 14.98 and a beta of 0.72.

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.