Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE) Short Interest Down 74.5% in June

Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE) was the recipient of a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 517,493 shares, a drop of 74.5% from the June 15th total of 2,025,782 shares. Based on an average daily trading volume, of 1,240,398 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.2% of the company’s shares are sold short.

Hedge Funds Weigh In On Dimensional Emerging Core Equity Market ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in DFAE. Brighton Jones LLC lifted its position in Dimensional Emerging Core Equity Market ETF by 17.9% during the fourth quarter. Brighton Jones LLC now owns 487,353 shares of the company’s stock valued at $12,364,000 after buying an additional 73,906 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new stake in shares of Dimensional Emerging Core Equity Market ETF in the 1st quarter worth about $1,915,000. Jane Street Group LLC bought a new position in shares of Dimensional Emerging Core Equity Market ETF in the 1st quarter worth about $7,924,000. Qube Research & Technologies Ltd bought a new position in shares of Dimensional Emerging Core Equity Market ETF in the 2nd quarter worth about $159,000. Finally, Sei Investments Co. purchased a new position in Dimensional Emerging Core Equity Market ETF during the 2nd quarter valued at about $764,000.

Dimensional Emerging Core Equity Market ETF Stock Up 0.4%

Shares of Dimensional Emerging Core Equity Market ETF stock traded up $0.14 on Friday, hitting $39.41. The stock had a trading volume of 735,071 shares, compared to its average volume of 1,207,824. Dimensional Emerging Core Equity Market ETF has a one year low of $28.90 and a one year high of $42.16. The stock’s 50-day simple moving average is $39.72 and its two-hundred day simple moving average is $36.71. The stock has a market cap of $9.64 billion, a price-to-earnings ratio of 14.98 and a beta of 0.71.

About Dimensional Emerging Core Equity Market ETF

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.