Dimensional U.S. Equity ETF (NYSEARCA:DFUS) Sees Large Decline in Short Interest

Dimensional U.S. Equity ETF (NYSEARCA:DFUS) saw a significant decline in short interest during the month of March. As of March 13th, there was short interest totaling 234,968 shares, a decline of 14.7% from the February 26th total of 275,465 shares. Based on an average daily volume of 1,532,831 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the company’s shares are short sold.

Dimensional U.S. Equity ETF Stock Up 2.9%

NYSEARCA DFUS opened at $70.91 on Wednesday. The company has a market capitalization of $17.37 billion, a price-to-earnings ratio of 24.45 and a beta of 1.01. Dimensional U.S. Equity ETF has a twelve month low of $52.10 and a twelve month high of $76.08. The stock has a fifty day simple moving average of $73.84 and a 200 day simple moving average of $73.67.

Hedge Funds Weigh In On Dimensional U.S. Equity ETF

A number of hedge funds have recently made changes to their positions in the stock. Up Capital Management Inc. bought a new stake in Dimensional U.S. Equity ETF in the fourth quarter valued at approximately $282,000. Rockefeller Capital Management L.P. raised its holdings in Dimensional U.S. Equity ETF by 14.3% during the 4th quarter. Rockefeller Capital Management L.P. now owns 28,741 shares of the company’s stock worth $2,132,000 after purchasing an additional 3,606 shares during the last quarter. World Investment Advisors raised its holdings in Dimensional U.S. Equity ETF by 136.5% during the 4th quarter. World Investment Advisors now owns 11,378 shares of the company’s stock worth $844,000 after purchasing an additional 6,567 shares during the last quarter. Demming Financial Services Corp ADV acquired a new position in shares of Dimensional U.S. Equity ETF in the 4th quarter worth approximately $509,000. Finally, Nalls Sherbakoff Group LLC acquired a new position in shares of Dimensional U.S. Equity ETF in the 4th quarter worth approximately $758,000.

About Dimensional U.S. Equity ETF

The Dimensional U.S. Equity ETF (DFUS) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects US equities of all sizes weighted by market capitalization in seeking to provide long-term capital appreciation. DFUS was launched on Sep 25, 2001 and is managed by Dimensional.