Dimensional Emerging Markets High Profitability ETF (NYSEARCA:DEHP) Sees Significant Growth in Short Interest

Dimensional Emerging Markets High Profitability ETF (NYSEARCA:DEHP) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 69,737 shares, an increase of 1,071.1% from the August 15th total of 5,955 shares. Based on an average trading volume of 25,333 shares, the days-to-cover ratio is currently 2.8 days. Approximately 0.7% of the shares of the stock are short sold.

Dimensional Emerging Markets High Profitability ETF Stock Performance

DEHP traded down $1.08 during midday trading on Thursday, hitting $41.33. The company had a trading volume of 22,796 shares, compared to its average volume of 34,941. Dimensional Emerging Markets High Profitability ETF has a twelve month low of $29.90 and a twelve month high of $45.13. The company has a market capitalization of $442.23 million, a PE ratio of 16.44 and a beta of 0.86. The firm’s 50-day simple moving average is $40.56 and its 200-day simple moving average is $39.32.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Kane Co Wealth Management Inc. bought a new stake in shares of Dimensional Emerging Markets High Profitability ETF during the fourth quarter worth approximately $511,000. BDFS Capital LLC acquired a new position in Dimensional Emerging Markets High Profitability ETF in the fourth quarter valued at approximately $814,000. Foundry Financial LLC boosted its stake in Dimensional Emerging Markets High Profitability ETF by 18.4% in the first quarter. Foundry Financial LLC now owns 83,864 shares of the company’s stock valued at $2,834,000 after acquiring an additional 13,062 shares during the last quarter. Summit Wealth Group LLC Co. bought a new position in Dimensional Emerging Markets High Profitability ETF in the fourth quarter valued at approximately $1,864,000. Finally, AA Financial Advisors LLC acquired a new stake in Dimensional Emerging Markets High Profitability ETF during the 1st quarter worth $1,021,000.

Dimensional Emerging Markets High Profitability ETF Company Profile

The Dimensional Emerging Markets High Profitability ETF (DEHP) is an exchange-traded fund that mostly invests in large cap equity. The fund actively selects large-cap emerging markets companies exhibiting high profitability characteristics, seeking to provide long-term capital appreciation. DEHP was launched on Apr 27, 2022 and is managed by Dimensional.