Dimensional International High Profitability ETF (BATS:DIHP) Sees Large Growth in Short Interest

Dimensional International High Profitability ETF (BATS:DIHP) was the target of a large growth in short interest in the month of October. As of October 30th, there was short interest totaling 413,745 shares, a growth of 100.5% from the October 15th total of 206,320 shares. Based on an average daily volume of 544,227 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.2% of the shares of the stock are sold short.

Dimensional International High Profitability ETF Price Performance

Shares of DIHP stock traded up $0.04 during mid-day trading on Friday, hitting $34.01. The company had a trading volume of 537,720 shares, compared to its average volume of 613,392. The stock’s 50 day moving average price is $34.13 and its 200-day moving average price is $34.04. Dimensional International High Profitability ETF has a 52-week low of $30.04 and a 52-week high of $35.88. The company has a market capitalization of $6.58 billion, a P/E ratio of 18.60 and a beta of 0.83.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. DiPaolo Financial Group Inc. purchased a new position in shares of Dimensional International High Profitability ETF in the third quarter valued at $26,000. Rogco LP bought a new position in Dimensional International High Profitability ETF during the second quarter valued at $26,000. Balance Wealth Partners LLC bought a new position in Dimensional International High Profitability ETF during the third quarter valued at $27,000. Barrett & Company Inc. bought a new position in Dimensional International High Profitability ETF during the third quarter valued at $30,000. Finally, Assetmark Inc. grew its stake in shares of Dimensional International High Profitability ETF by 1,537.2% in the 1st quarter. Assetmark Inc. now owns 1,277 shares of the company’s stock worth $41,000 after buying an additional 1,199 shares in the last quarter.

Dimensional International High Profitability ETF Company Profile

The Dimensional International High Profitability ETF (DIHP) is an exchange-traded fund that mostly invests in large cap equity. The fund invests in a broad and diverse group of non-US large-cap stocks from developed markets, actively selected based on perceived higher profitability relative to other large-cap companies in the same countries or region. DIHP was launched on Mar 23, 2022 and is managed by Dimensional.