Dimensional US High Profitability ETF (NYSEARCA:DUHP) Short Interest Down 15.4% in March

Dimensional US High Profitability ETF (NYSEARCA:DUHP) was the target of a significant drop in short interest in March. As of March 13th, there was short interest totaling 285,823 shares, a drop of 15.4% from the February 26th total of 338,046 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 1,980,142 shares, the short-interest ratio is presently 0.1 days.

Institutional Investors Weigh In On Dimensional US High Profitability ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Salomon & Ludwin LLC bought a new position in Dimensional US High Profitability ETF in the third quarter valued at about $27,000. Wealth Watch Advisors INC bought a new stake in Dimensional US High Profitability ETF during the 4th quarter worth about $30,000. Geneos Wealth Management Inc. acquired a new position in Dimensional US High Profitability ETF during the 4th quarter valued at about $33,000. Smartleaf Asset Management LLC lifted its position in Dimensional US High Profitability ETF by 44.1% during the 4th quarter. Smartleaf Asset Management LLC now owns 849 shares of the company’s stock valued at $33,000 after purchasing an additional 260 shares during the period. Finally, Rothschild Investment LLC bought a new position in shares of Dimensional US High Profitability ETF in the 4th quarter valued at about $42,000.

Dimensional US High Profitability ETF Price Performance

DUHP stock opened at $35.83 on Tuesday. The company has a 50 day moving average price of $38.37 and a 200 day moving average price of $38.07. Dimensional US High Profitability ETF has a fifty-two week low of $28.68 and a fifty-two week high of $39.64. The stock has a market capitalization of $10.15 billion, a PE ratio of 24.91 and a beta of 0.97.

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.