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

Dimensional US High Profitability ETF (NYSEARCA:DUHP) was the target of a large growth in short interest in July. As of July 31st, there was short interest totaling 397,098 shares, a growth of 74.7% from the July 15th total of 227,283 shares. Based on an average daily volume of 732,985 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.1% of the shares of the company are sold short.

Dimensional US High Profitability ETF Trading Down 0.3%

NYSEARCA DUHP traded down $0.13 during trading on Monday, reaching $42.66. The company’s stock had a trading volume of 266,996 shares, compared to its average volume of 1,165,862. The firm has a 50 day moving average price of $41.52 and a 200 day moving average price of $39.83. Dimensional US High Profitability ETF has a 12 month low of $35.69 and a 12 month high of $42.90. The firm has a market capitalization of $12.71 billion, a price-to-earnings ratio of 24.91 and a beta of 0.94.

Institutional Investors Weigh In On Dimensional US High Profitability ETF

Several institutional investors have recently made changes to their positions in the stock. Petersen Hastings Wealth Advisors Inc. acquired a new position in Dimensional US High Profitability ETF during the fourth quarter valued at approximately $108,832,000. Mercer Global Advisors Inc. ADV lifted its stake in Dimensional US High Profitability ETF by 5.1% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 44,791,614 shares of the company’s stock worth $1,703,426,000 after purchasing an additional 2,187,002 shares during the last quarter. Corient Private Wealth LLC boosted its holdings in shares of Dimensional US High Profitability ETF by 90.6% in the 4th quarter. Corient Private Wealth LLC now owns 3,310,640 shares of the company’s stock valued at $125,482,000 after purchasing an additional 1,573,405 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Dimensional US High Profitability ETF by 5,312.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,456,563 shares of the company’s stock valued at $55,393,000 after purchasing an additional 1,429,651 shares in the last quarter. Finally, Apella Capital LLC increased its stake in shares of Dimensional US High Profitability ETF by 49.8% in the 1st quarter. Apella Capital LLC now owns 3,891,947 shares of the company’s stock valued at $153,343,000 after purchasing an additional 1,293,705 shares during the last quarter.

About Dimensional US High Profitability ETF

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.