Dimensional International Core Equity Market ETF (NYSEARCA:DFAI) Shares Shorted: Short Interest Down 60.0% in September

Dimensional International Core Equity Market ETF (NYSEARCA:DFAI) was the target of a significant decrease in short interest in September. As of September 30th, there was short interest totaling 655,739 shares, a decrease of 60.0% from the September 15th total of 1,638,051 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,869,182 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DFAI. Envestnet Asset Management Inc. lifted its position in Dimensional International Core Equity Market ETF by 6.9% in the second quarter. Envestnet Asset Management Inc. now owns 27,763,226 shares of the company’s stock worth $1,145,233,000 after purchasing an additional 1,803,311 shares during the period. Bank of America Corp DE boosted its position in shares of Dimensional International Core Equity Market ETF by 3.2% during the 1st quarter. Bank of America Corp DE now owns 8,894,919 shares of the company’s stock valued at $346,546,000 after acquiring an additional 272,838 shares in the last quarter. &PARTNERS increased its stake in Dimensional International Core Equity Market ETF by 3.9% in the fourth quarter. &PARTNERS now owns 8,363,568 shares of the company’s stock valued at $316,653,000 after acquiring an additional 315,442 shares during the period. Royal Bank of Canada increased its stake in Dimensional International Core Equity Market ETF by 13.1% in the first quarter. Royal Bank of Canada now owns 5,900,123 shares of the company’s stock valued at $229,869,000 after acquiring an additional 684,023 shares during the period. Finally, Root Financial Partners LLC raised its position in Dimensional International Core Equity Market ETF by 5.0% in the first quarter. Root Financial Partners LLC now owns 4,167,029 shares of the company’s stock worth $162,347,000 after purchasing an additional 198,552 shares in the last quarter.

Dimensional International Core Equity Market ETF Trading Down 0.7%

Shares of NYSEARCA:DFAI traded down $0.29 on Wednesday, reaching $41.19. 2,196,059 shares of the company traded hands, compared to its average volume of 1,771,569. The business’s 50-day simple moving average is $42.54 and its 200 day simple moving average is $41.64. The stock has a market capitalization of $17.80 billion, a P/E ratio of 15.89 and a beta of 0.77. Dimensional International Core Equity Market ETF has a 52 week low of $35.67 and a 52 week high of $43.59.

About Dimensional International Core Equity Market ETF

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.