Dimensional US High Profitability ETF (NYSEARCA:DUHP) Short Interest Up 32.8% in January

Dimensional US High Profitability ETF (NYSEARCA:DUHP) saw a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 360,627 shares, a growth of 32.8% from the December 31st total of 271,650 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 1,333,642 shares, the short-interest ratio is presently 0.3 days. Based on an average daily trading volume, of 1,333,642 shares, the short-interest ratio is presently 0.3 days. Currently, 0.1% of the company’s stock are sold short.

Dimensional US High Profitability ETF Stock Up 0.8%

Shares of DUHP stock traded up $0.31 during trading on Monday, reaching $38.96. The company’s stock had a trading volume of 1,173,571 shares, compared to its average volume of 1,342,511. The company has a market cap of $10.78 billion, a price-to-earnings ratio of 24.91 and a beta of 0.97. Dimensional US High Profitability ETF has a one year low of $28.68 and a one year high of $39.02. The business has a fifty day moving average price of $38.23 and a 200-day moving average price of $37.56.

Hedge Funds Weigh In On Dimensional US High Profitability ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Mercer Global Advisors Inc. ADV raised its holdings in shares of Dimensional US High Profitability ETF by 6.2% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 42,604,612 shares of the company’s stock valued at $1,609,176,000 after purchasing an additional 2,484,185 shares during the period. Allworth Financial LP raised its stake in Dimensional US High Profitability ETF by 187.4% in the third quarter. Allworth Financial LP now owns 2,961,456 shares of the company’s stock valued at $111,854,000 after buying an additional 1,931,114 shares during the period. Envestnet Asset Management Inc. raised its stake in Dimensional US High Profitability ETF by 4.3% in the second quarter. Envestnet Asset Management Inc. now owns 36,539,311 shares of the company’s stock valued at $1,299,338,000 after buying an additional 1,507,394 shares during the period. RW Investment Management LLC lifted its position in shares of Dimensional US High Profitability ETF by 126.5% in the third quarter. RW Investment Management LLC now owns 2,441,054 shares of the company’s stock valued at $92,199,000 after buying an additional 1,363,525 shares during the last quarter. Finally, Symmetry Partners LLC bought a new position in shares of Dimensional US High Profitability ETF during the 4th quarter worth approximately $46,472,000.

Dimensional US High Profitability ETF Company Profile

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.