Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE) Sees Large Drop in Short Interest

Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE) was the recipient of a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 517,493 shares, a drop of 74.5% from the June 15th total of 2,025,782 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average trading volume of 1,240,398 shares, the short-interest ratio is presently 0.4 days.

Dimensional Emerging Core Equity Market ETF Trading Down 3.2%

Shares of DFAE stock opened at $38.14 on Tuesday. Dimensional Emerging Core Equity Market ETF has a twelve month low of $28.90 and a twelve month high of $42.16. The stock has a market cap of $9.33 billion, a P/E ratio of 14.98 and a beta of 0.71. The stock has a 50 day moving average of $39.72 and a 200 day moving average of $36.75.

Hedge Funds Weigh In On Dimensional Emerging Core Equity Market ETF

Several institutional investors have recently made changes to their positions in DFAE. Nalls Sherbakoff Group LLC purchased a new position in Dimensional Emerging Core Equity Market ETF in the fourth quarter valued at $26,000. IMG Wealth Management Inc. purchased a new position in shares of Dimensional Emerging Core Equity Market ETF in the 4th quarter valued at about $28,000. UMB Bank n.a. purchased a new position in shares of Dimensional Emerging Core Equity Market ETF in the 4th quarter valued at about $29,000. Angeles Wealth Management LLC acquired a new position in Dimensional Emerging Core Equity Market ETF in the 1st quarter worth about $36,000. Finally, Wealth Watch Advisors INC purchased a new position in Dimensional Emerging Core Equity Market ETF during the third quarter worth approximately $42,000.

Dimensional Emerging Core Equity Market ETF Company Profile

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.