Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) Short Interest Up 58.0% in August

Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) was the recipient of a significant growth in short interest in August. As of August 31st, there was short interest totaling 117,381 shares, a growth of 58.0% from the August 15th total of 74,277 shares. Based on an average daily volume of 257,424 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.1% of the company’s stock are sold short.

Dimensional U.S. Targeted Value ETF Price Performance

Shares of Dimensional U.S. Targeted Value ETF stock opened at $68.81 on Friday. The firm has a market cap of $14.08 billion, a price-to-earnings ratio of 12.39 and a beta of 0.97. The stock has a 50-day simple moving average of $71.02 and a 200-day simple moving average of $67.72. Dimensional U.S. Targeted Value ETF has a 52-week low of $55.12 and a 52-week high of $72.81.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. OneAscent Family Office LLC boosted its position in Dimensional U.S. Targeted Value ETF by 0.4% during the fourth quarter. OneAscent Family Office LLC now owns 42,836 shares of the company’s stock worth $2,550,000 after purchasing an additional 170 shares during the period. Cary Street Partners Financial LLC raised its holdings in Dimensional U.S. Targeted Value ETF by 1.3% in the 4th quarter. Cary Street Partners Financial LLC now owns 13,965 shares of the company’s stock worth $831,000 after acquiring an additional 175 shares during the period. 3 Factor Indexing LLC boosted its holdings in Dimensional U.S. Targeted Value ETF by 0.5% during the second quarter. 3 Factor Indexing LLC now owns 38,183 shares of the company’s stock valued at $2,669,000 after acquiring an additional 190 shares during the period. McGrath & Associates Inc. grew its position in shares of Dimensional U.S. Targeted Value ETF by 1.3% in the fourth quarter. McGrath & Associates Inc. now owns 18,971 shares of the company’s stock valued at $1,130,000 after purchasing an additional 244 shares during the last quarter. Finally, Montag A & Associates Inc. increased its stake in shares of Dimensional U.S. Targeted Value ETF by 1.1% in the first quarter. Montag A & Associates Inc. now owns 25,353 shares of the company’s stock worth $1,583,000 after purchasing an additional 270 shares during the period.

About Dimensional U.S. Targeted Value ETF

The Dimensional U.S. Targeted Value ETF (DFAT) is an exchange-traded fund that mostly invests in extended market equity. The fund is an active, tax-managed fund that seeks to provide long-term capital appreciation from a portfolio of US mid- and small-cap value stocks. DFAT was launched on Dec 11, 1998 and is managed by Dimensional.