Dimensional US High Profitability ETF (NYSEARCA:DUHP) Sees Large Decrease in Short Interest

Dimensional US High Profitability ETF (NYSEARCA:DUHP) was the target of a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 102,600 shares, a decrease of 56.1% from the May 14th total of 233,601 shares. Based on an average trading volume of 839,690 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Institutional Investors Weigh In On Dimensional US High Profitability ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Wealth Watch Advisors INC purchased a new stake in shares of Dimensional US High Profitability ETF in the fourth quarter valued at $30,000. Smartleaf Asset Management LLC raised its stake in shares of Dimensional US High Profitability ETF by 44.1% in the fourth quarter. Smartleaf Asset Management LLC now owns 849 shares of the company’s stock valued at $33,000 after acquiring an additional 260 shares during the period. Geneos Wealth Management Inc. purchased a new stake in shares of Dimensional US High Profitability ETF in the fourth quarter valued at $33,000. Rothschild Investment LLC purchased a new stake in shares of Dimensional US High Profitability ETF in the fourth quarter valued at $42,000. Finally, Archer Investment Corp purchased a new stake in shares of Dimensional US High Profitability ETF in the first quarter valued at $45,000.

Dimensional US High Profitability ETF Price Performance

Shares of DUHP traded up $0.15 during midday trading on Friday, hitting $41.05. The stock had a trading volume of 2,003,507 shares, compared to its average volume of 1,313,477. Dimensional US High Profitability ETF has a 1 year low of $34.33 and a 1 year high of $41.74. The firm has a market cap of $11.88 billion, a PE ratio of 24.91 and a beta of 0.94. The stock’s 50 day moving average is $39.65 and its 200 day moving average is $38.74.

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.