Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE) Short Interest Up 86.7% in April

Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE) was the recipient of a significant increase in short interest in April. As of April 30th, there was short interest totaling 7,695,609 shares, an increase of 86.7% from the April 15th total of 4,122,113 shares. Currently, 3.2% of the company’s stock are short sold. Based on an average trading volume of 1,298,474 shares, the days-to-cover ratio is presently 5.9 days.

Dimensional Emerging Core Equity Market ETF Stock Performance

Shares of NYSEARCA:DFAE traded down $0.21 during trading hours on Tuesday, reaching $38.26. The stock had a trading volume of 665,124 shares, compared to its average volume of 1,198,875. Dimensional Emerging Core Equity Market ETF has a 1 year low of $27.10 and a 1 year high of $40.32. The firm’s 50 day moving average is $36.18 and its 200-day moving average is $34.61. The stock has a market capitalization of $9.08 billion, a price-to-earnings ratio of 14.98 and a beta of 0.70.

Hedge Funds Weigh In On Dimensional Emerging Core Equity Market ETF

Hedge funds have recently added to or reduced their stakes in the stock. Nalls Sherbakoff Group LLC purchased a new position in Dimensional Emerging Core Equity Market ETF in the fourth quarter valued at approximately $26,000. Fifth Third Bancorp acquired a new stake in shares of Dimensional Emerging Core Equity Market ETF in the third quarter valued at approximately $27,000. IMG Wealth Management Inc. acquired a new stake in shares of Dimensional Emerging Core Equity Market ETF during the fourth quarter worth $28,000. UMB Bank n.a. acquired a new stake in shares of Dimensional Emerging Core Equity Market ETF during the fourth quarter worth $29,000. Finally, Angeles Wealth Management LLC acquired a new stake in shares of Dimensional Emerging Core Equity Market ETF during the first quarter worth $36,000.

Dimensional Emerging Core Equity Market ETF Company Profile

The Dimensional Emerging Core Equity Market ETF (DFAE) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects emerging markets securities of all sizes with a tilt toward small-cap companies, seeking to provide long-term capital appreciation. DFAE was launched on Dec 2, 2020 and is issued by Dimensional.