Short Interest in Dimensional US High Profitability ETF (NYSEARCA:DUHP) Expands By 74.7%

Dimensional US High Profitability ETF (NYSEARCA:DUHP) saw a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 397,098 shares, an increase of 74.7% from the July 15th total of 227,283 shares. Based on an average daily trading volume, of 732,985 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.1% of the shares of the company are sold short.

Hedge Funds Weigh In On Dimensional US High Profitability ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Wealth Watch Advisors INC bought a new position in Dimensional US High Profitability ETF during the 4th quarter worth $30,000. Geneos Wealth Management Inc. bought a new stake in Dimensional US High Profitability ETF in the fourth quarter valued at $33,000. Smartleaf Asset Management LLC lifted its stake in 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 buying an additional 260 shares during the last quarter. Trust Co. of Vermont acquired a new position in shares of Dimensional US High Profitability ETF during the second quarter valued at $36,000. Finally, Rothschild Investment LLC acquired a new position in shares of Dimensional US High Profitability ETF during the fourth quarter valued at $42,000.

Dimensional US High Profitability ETF Stock Performance

Shares of NYSEARCA DUHP traded down $0.22 during midday trading on Tuesday, hitting $42.35. The company’s stock had a trading volume of 199,500 shares, compared to its average volume of 1,161,932. Dimensional US High Profitability ETF has a 1-year low of $35.69 and a 1-year high of $42.90. The firm’s fifty day moving average price is $41.56 and its 200-day moving average price is $39.85. The firm has a market cap of $12.62 billion, a P/E ratio of 24.91 and a beta of 0.94.

About Dimensional US High Profitability ETF

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.