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

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

Institutional Trading of Dimensional Emerging Markets High Profitability ETF

A number of institutional investors and hedge funds have recently modified their holdings of DEHP. Integrated Wealth Concepts LLC raised its position in shares of Dimensional Emerging Markets High Profitability ETF by 1.4% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 92,909 shares of the company’s stock valued at $3,974,000 after acquiring an additional 1,288 shares during the period. NewEdge Advisors LLC raised its holdings in Dimensional Emerging Markets High Profitability ETF by 3.4% in the second quarter. NewEdge Advisors LLC now owns 93,795 shares of the company’s stock worth $4,012,000 after purchasing an additional 3,081 shares during the period. Bedel Financial Consulting Inc. acquired a new stake in Dimensional Emerging Markets High Profitability ETF in the second quarter worth $200,000. Acorn Wealth Advisors LLC boosted its position in shares of Dimensional Emerging Markets High Profitability ETF by 5.0% during the second quarter. Acorn Wealth Advisors LLC now owns 31,056 shares of the company’s stock worth $1,328,000 after purchasing an additional 1,475 shares in the last quarter. Finally, Canvas Wealth Advisors LLC bought a new position in shares of Dimensional Emerging Markets High Profitability ETF during the second quarter worth $266,000.

Dimensional Emerging Markets High Profitability ETF Stock Down 2.5%

NYSEARCA DEHP traded down $1.08 on Thursday, reaching $41.33. The company had a trading volume of 22,796 shares, compared to its average volume of 34,941. The stock’s 50 day moving average is $40.56 and its 200-day moving average is $39.32. The stock has a market cap of $442.23 million, a price-to-earnings ratio of 16.44 and a beta of 0.86. Dimensional Emerging Markets High Profitability ETF has a 52 week low of $29.90 and a 52 week high of $45.13.

About Dimensional Emerging Markets High Profitability ETF

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.