Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) Sees Significant Increase in Short Interest

Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) was the recipient of a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 1,407,955 shares, a growth of 81.3% from the April 15th total of 776,709 shares. Based on an average daily volume of 2,078,607 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Trading of Dimensional U.S. Core Equity 2 ETF

Several hedge funds and other institutional investors have recently modified their holdings of the company. Mercer Global Advisors Inc. ADV raised its stake in shares of Dimensional U.S. Core Equity 2 ETF by 5.1% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 64,358,203 shares of the company’s stock valued at $2,547,944,000 after purchasing an additional 3,126,277 shares during the period. Focus Partners Wealth raised its stake in shares of Dimensional U.S. Core Equity 2 ETF by 0.4% in the 4th quarter. Focus Partners Wealth now owns 42,704,909 shares of the company’s stock valued at $1,690,687,000 after purchasing an additional 180,988 shares during the period. Forum Financial Management LP raised its stake in shares of Dimensional U.S. Core Equity 2 ETF by 3.1% in the 1st quarter. Forum Financial Management LP now owns 42,328,643 shares of the company’s stock valued at $1,644,891,000 after purchasing an additional 1,259,943 shares during the period. LPL Financial LLC raised its stake in shares of Dimensional U.S. Core Equity 2 ETF by 1.4% in the 4th quarter. LPL Financial LLC now owns 17,742,346 shares of the company’s stock valued at $702,419,000 after purchasing an additional 242,867 shares during the period. Finally, Focus Partners Advisor Solutions LLC raised its stake in shares of Dimensional U.S. Core Equity 2 ETF by 42.8% in the 4th quarter. Focus Partners Advisor Solutions LLC now owns 15,939,127 shares of the company’s stock valued at $631,030,000 after purchasing an additional 4,775,954 shares during the period.

Dimensional U.S. Core Equity 2 ETF Price Performance

DFAC opened at $42.98 on Monday. The business’s 50-day moving average price is $40.73 and its two-hundred day moving average price is $40.24. Dimensional U.S. Core Equity 2 ETF has a 1 year low of $33.43 and a 1 year high of $43.63. The company has a market capitalization of $45.07 billion, a price-to-earnings ratio of 20.75 and a beta of 0.98.

Dimensional U.S. Core Equity 2 ETF Company Profile

The Dimensional U.S. Core Equity 2 ETF (DFAC) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects US equities of all sizes with a tilt toward small-cap companies, seeking to provide long-term capital appreciation. DFAC was launched on Oct 4, 2007 and is managed by Dimensional.