Dimensional US High Profitability ETF (NYSEARCA:DUHP) Stock Short Interest Declines 43.4%

Dimensional US High Profitability ETF (NYSEARCA:DUHP) was the recipient of a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 157,910 shares, a decline of 43.4% from the August 31st total of 278,915 shares. Based on an average daily volume of 695,718 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the shares of the company are sold short.

Hedge Funds Weigh In On Dimensional US High Profitability ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. SJS Investment Consulting Inc. boosted its position in Dimensional US High Profitability ETF by 11.3% in the first quarter. SJS Investment Consulting Inc. now owns 3,167 shares of the company’s stock worth $116,000 after purchasing an additional 322 shares during the last quarter. Beacon Financial Advisory LLC raised its stake in shares of Dimensional US High Profitability ETF by 0.7% during the 1st quarter. Beacon Financial Advisory LLC now owns 50,550 shares of the company’s stock worth $1,858,000 after purchasing an additional 352 shares during the period. Hilltop Holdings Inc. boosted its holdings in shares of Dimensional US High Profitability ETF by 6.0% in the 1st quarter. Hilltop Holdings Inc. now owns 8,256 shares of the company’s stock worth $303,000 after buying an additional 470 shares during the last quarter. Empire Financial Management Company LLC grew its position in Dimensional US High Profitability ETF by 2.6% during the first quarter. Empire Financial Management Company LLC now owns 20,909 shares of the company’s stock valued at $769,000 after buying an additional 524 shares during the period. Finally, Torren Management LLC increased its holdings in Dimensional US High Profitability ETF by 0.6% during the first quarter. Torren Management LLC now owns 97,852 shares of the company’s stock worth $3,597,000 after buying an additional 559 shares during the last quarter.

Dimensional US High Profitability ETF Trading Up 0.5%

Shares of NYSEARCA:DUHP traded up $0.20 on Thursday, hitting $42.11. The company had a trading volume of 917,364 shares, compared to its average volume of 1,094,271. The stock has a market cap of $12.76 billion, a price-to-earnings ratio of 24.91 and a beta of 0.94. The stock has a 50 day moving average price of $42.08 and a 200 day moving average price of $40.58. Dimensional US High Profitability ETF has a 1-year low of $35.69 and a 1-year high of $42.90.

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.