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

Dimensional US High Profitability ETF (NYSEARCA:DUHP) saw a large drop in short interest in March. As of March 13th, there was short interest totaling 285,823 shares, a drop of 15.4% from the February 26th total of 338,046 shares. Based on an average daily volume of 1,980,142 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the shares of the stock are short sold.

Dimensional US High Profitability ETF Trading Up 2.6%

Shares of Dimensional US High Profitability ETF stock opened at $36.76 on Wednesday. The firm’s 50 day moving average is $38.35 and its 200 day moving average is $38.07. The firm has a market capitalization of $10.42 billion, a PE ratio of 24.91 and a beta of 0.97. Dimensional US High Profitability ETF has a 1 year low of $28.68 and a 1 year high of $39.64.

Institutional Trading of Dimensional US High Profitability ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Salomon & Ludwin LLC acquired a new position in shares of Dimensional US High Profitability ETF during the third quarter worth $27,000. Wealth Watch Advisors INC bought a new stake in Dimensional US High Profitability ETF during the 4th quarter worth $30,000. Geneos Wealth Management Inc. bought a new stake in Dimensional US High Profitability ETF during the 4th quarter worth $33,000. Smartleaf Asset Management LLC increased its holdings in Dimensional US High Profitability ETF by 44.1% in the 4th quarter. Smartleaf Asset Management LLC now owns 849 shares of the company’s stock worth $33,000 after purchasing an additional 260 shares in the last quarter. Finally, Rothschild Investment LLC acquired a new position in Dimensional US High Profitability ETF in the 4th quarter worth about $42,000.

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.