Dimensional US High Profitability ETF (NYSEARCA:DUHP) Sees Large Decrease in Short Interest

Dimensional US High Profitability ETF (NYSEARCA:DUHP) saw a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 157,910 shares, a decline of 43.4% from the August 31st total of 278,915 shares. Based on an average trading volume of 695,718 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the company’s shares are sold short.

Hedge Funds Weigh In On Dimensional US High Profitability ETF

Hedge funds have recently bought and sold shares of the business. Envestnet Asset Management Inc. grew its stake in Dimensional US High Profitability ETF by 12.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 4,104,606 shares of the company’s stock worth $171,285,000 after acquiring an additional 447,111 shares in the last quarter. Cherry Tree Wealth Management LLC increased its holdings in shares of Dimensional US High Profitability ETF by 24.2% in the 2nd quarter. Cherry Tree Wealth Management LLC now owns 153,960 shares of the company’s stock valued at $6,425,000 after acquiring an additional 30,025 shares during the period. Tortoise Investment Management LLC grew its stake in Dimensional US High Profitability ETF by 5.0% in the second quarter. Tortoise Investment Management LLC now owns 180,837 shares of the company’s stock valued at $7,546,000 after purchasing an additional 8,686 shares during the last quarter. Sequoia Financial Advisors LLC grew its position in shares of Dimensional US High Profitability ETF by 0.5% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 824,569 shares of the company’s stock worth $34,409,000 after buying an additional 4,221 shares during the last quarter. Finally, Archford Capital Strategies LLC increased its position in shares of Dimensional US High Profitability ETF by 1.9% during the second quarter. Archford Capital Strategies LLC now owns 213,883 shares of the company’s stock worth $8,925,000 after purchasing an additional 3,893 shares in the last quarter.

Dimensional US High Profitability ETF Trading Down 0.6%

Shares of NYSEARCA DUHP traded down $0.26 during trading hours on Wednesday, hitting $41.91. 1,050,510 shares of the company traded hands, compared to its average volume of 1,095,635. Dimensional US High Profitability ETF has a 12 month low of $35.69 and a 12 month high of $42.90. The stock has a market capitalization of $12.70 billion, a price-to-earnings ratio of 24.91 and a beta of 0.94. The company’s 50 day moving average price is $42.07 and its 200 day moving average price is $40.55.

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.