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

Dimensional US High Profitability ETF (NYSEARCA:DUHP) saw a significant decrease in short interest during the month of March. As of March 13th, there was short interest totaling 285,823 shares, a decrease of 15.4% from the February 26th total of 338,046 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 1,980,142 shares, the days-to-cover ratio is presently 0.1 days.

Dimensional US High Profitability ETF Stock Performance

DUHP stock opened at $36.99 on Thursday. Dimensional US High Profitability ETF has a fifty-two week low of $28.68 and a fifty-two week high of $39.64. The business’s 50-day moving average is $38.33 and its two-hundred day moving average is $38.06. The company has a market cap of $10.52 billion, a price-to-earnings ratio of 24.91 and a beta of 0.97.

Institutional Investors Weigh In On Dimensional US High Profitability ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Salomon & Ludwin LLC purchased a new position in shares of Dimensional US High Profitability ETF in the third quarter worth approximately $27,000. Wealth Watch Advisors INC bought a new stake in Dimensional US High Profitability ETF during the fourth quarter valued at approximately $30,000. Smartleaf Asset Management LLC increased its holdings in Dimensional US High Profitability ETF by 44.1% during the fourth quarter. Smartleaf Asset Management LLC now owns 849 shares of the company’s stock valued at $33,000 after buying an additional 260 shares during the last quarter. Geneos Wealth Management Inc. purchased a new stake in Dimensional US High Profitability ETF during the fourth quarter valued at approximately $33,000. Finally, Rothschild Investment LLC bought a new position in Dimensional US High Profitability ETF in the fourth quarter worth approximately $42,000.

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.