Dimensional US High Profitability ETF (NYSEARCA:DUHP) Sees Significant Growth in Short Interest

Dimensional US High Profitability ETF (NYSEARCA:DUHP) saw a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 266,533 shares, an increase of 24.4% from the November 30th total of 214,199 shares. Based on an average daily trading volume, of 1,188,779 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the company’s shares are sold short. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 1,188,779 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On Dimensional US High Profitability ETF

Several institutional investors and hedge funds have recently modified their holdings of DUHP. Mercer Global Advisors Inc. ADV lifted its position in Dimensional US High Profitability ETF by 6.2% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 42,604,612 shares of the company’s stock worth $1,609,176,000 after acquiring an additional 2,484,185 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in shares of Dimensional US High Profitability ETF by 4.3% during the second quarter. Envestnet Asset Management Inc. now owns 36,539,311 shares of the company’s stock valued at $1,299,338,000 after purchasing an additional 1,507,394 shares during the period. Focus Partners Wealth lifted its position in shares of Dimensional US High Profitability ETF by 3.3% during the third quarter. Focus Partners Wealth now owns 18,587,943 shares of the company’s stock worth $702,455,000 after purchasing an additional 585,098 shares in the last quarter. Forum Financial Management LP boosted its stake in shares of Dimensional US High Profitability ETF by 5.2% in the third quarter. Forum Financial Management LP now owns 7,544,993 shares of the company’s stock valued at $284,974,000 after purchasing an additional 375,593 shares during the period. Finally, Pure Financial Advisors LLC boosted its stake in shares of Dimensional US High Profitability ETF by 8.8% in the third quarter. Pure Financial Advisors LLC now owns 6,927,240 shares of the company’s stock valued at $261,642,000 after purchasing an additional 561,873 shares during the period.

Dimensional US High Profitability ETF Trading Down 0.7%

Shares of DUHP stock opened at $38.03 on Friday. The company has a market cap of $9.99 billion, a PE ratio of 24.91 and a beta of 0.97. The company’s fifty day simple moving average is $37.91 and its 200-day simple moving average is $37.10. Dimensional US High Profitability ETF has a 52 week low of $28.68 and a 52 week high of $38.60.

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.