Dimensional International Core Equity Market ETF (NYSEARCA:DFAI) Sees Large Drop in Short Interest

Dimensional International Core Equity Market ETF (NYSEARCA:DFAI) was the recipient of a large drop in short interest in May. As of May 29th, there was short interest totaling 322,916 shares, a drop of 77.9% from the May 14th total of 1,463,861 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,337,927 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On Dimensional International Core Equity Market ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DFAI. Brighton Jones LLC boosted its stake in shares of Dimensional International Core Equity Market ETF by 21.2% during the 4th quarter. Brighton Jones LLC now owns 1,073,196 shares of the company’s stock valued at $31,337,000 after purchasing an additional 188,084 shares in the last quarter. AQR Capital Management LLC boosted its stake in shares of Dimensional International Core Equity Market ETF by 39.2% during the 1st quarter. AQR Capital Management LLC now owns 49,086 shares of the company’s stock valued at $1,533,000 after purchasing an additional 13,819 shares in the last quarter. Jane Street Group LLC bought a new stake in shares of Dimensional International Core Equity Market ETF during the 1st quarter valued at about $7,385,000. JPMorgan Chase & Co. raised its position in shares of Dimensional International Core Equity Market ETF by 0.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 157,050 shares of the company’s stock worth $5,429,000 after acquiring an additional 922 shares in the last quarter. Finally, Sei Investments Co. bought a new position in shares of Dimensional International Core Equity Market ETF in the 2nd quarter worth approximately $1,205,000.

Dimensional International Core Equity Market ETF Stock Performance

DFAI stock opened at $41.05 on Wednesday. The company has a market capitalization of $15.85 billion, a PE ratio of 15.89 and a beta of 0.76. Dimensional International Core Equity Market ETF has a one year low of $33.59 and a one year high of $42.43. The company’s 50 day moving average price is $40.96 and its two-hundred day moving average price is $39.84.

Dimensional International Core Equity Market ETF Company Profile

The Dimensional International Core Equity Market ETF (DFAI) is an exchange-traded fund that is based on the MSCI World ex USA IMI index. The fund is an actively-managed fund that seeks a broad exposure to relatively low-priced and profitable stocks in developed countries outside the US. DFAI was launched on Nov 17, 2020 and is managed by Dimensional.