Dimensional US High Profitability ETF (NYSEARCA:DUHP) Short Interest Up 32.8% in January

Dimensional US High Profitability ETF (NYSEARCA:DUHP) was the target of a large increase in short interest in January. As of January 15th, there was short interest totaling 360,627 shares, an increase of 32.8% from the December 31st total of 271,650 shares. Based on an average daily trading volume, of 1,333,642 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the shares of the stock are short sold. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,333,642 shares, the days-to-cover ratio is currently 0.3 days.

Dimensional US High Profitability ETF Stock Performance

DUHP stock opened at $38.59 on Wednesday. Dimensional US High Profitability ETF has a one year low of $28.68 and a one year high of $39.01. The company’s fifty day moving average price is $38.28 and its 200-day moving average price is $37.60. The company has a market capitalization of $10.68 billion, a PE ratio of 24.91 and a beta of 0.97.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in DUHP. AQR Capital Management LLC lifted its stake in shares of Dimensional US High Profitability ETF by 99.7% in the 1st quarter. AQR Capital Management LLC now owns 25,580 shares of the company’s stock valued at $848,000 after purchasing an additional 12,771 shares during the last quarter. Janney Montgomery Scott LLC purchased a new stake in Dimensional US High Profitability ETF during the 2nd quarter valued at $265,000. QRG Capital Management Inc. bought a new stake in Dimensional US High Profitability ETF in the second quarter worth $230,000. Clarius Group LLC boosted its stake in Dimensional US High Profitability ETF by 1.6% during the second quarter. Clarius Group LLC now owns 1,078,569 shares of the company’s stock worth $38,354,000 after buying an additional 16,639 shares during the period. Finally, Noble Family Wealth LLC bought a new position in Dimensional US High Profitability ETF during the second quarter valued at $530,000.

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.