Dimensional US High Profitability ETF (NYSEARCA:DUHP) Short Interest Update

Dimensional US High Profitability ETF (NYSEARCA:DUHP) was the target of a significant drop in short interest in January. As of January 30th, there was short interest totaling 232,110 shares, a drop of 35.6% from the January 15th total of 360,627 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 1,386,215 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 1,386,215 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the company’s stock are short sold.

Dimensional US High Profitability ETF Stock Up 0.2%

NYSEARCA:DUHP traded up $0.06 during trading hours on Friday, reaching $38.95. 1,497,998 shares of the stock were exchanged, compared to its average volume of 1,404,827. The stock has a market capitalization of $11.04 billion, a P/E ratio of 24.91 and a beta of 0.97. The firm has a 50 day simple moving average of $38.45 and a 200-day simple moving average of $37.75. Dimensional US High Profitability ETF has a 52 week low of $28.68 and a 52 week high of $39.64.

Hedge Funds Weigh In On Dimensional US High Profitability ETF

Hedge funds have recently added to or reduced their stakes in the business. Legacy Financial Group Inc. lifted its position in shares of Dimensional US High Profitability ETF by 2.7% in the second quarter. Legacy Financial Group Inc. now owns 448,307 shares of the company’s stock worth $15,942,000 after purchasing an additional 11,995 shares in the last quarter. Beacon Pointe Advisors LLC increased its stake in Dimensional US High Profitability ETF by 3.5% in the 2nd quarter. Beacon Pointe Advisors LLC now owns 905,461 shares of the company’s stock valued at $32,198,000 after buying an additional 30,588 shares during the period. Emprise Bank acquired a new position in Dimensional US High Profitability ETF in the 3rd quarter valued at approximately $528,000. Daner Wealth Management LLC purchased a new stake in Dimensional US High Profitability ETF in the 2nd quarter worth approximately $1,728,000. Finally, Arkadios Wealth Advisors boosted its stake in shares of Dimensional US High Profitability ETF by 7.3% during the 3rd quarter. Arkadios Wealth Advisors now owns 236,975 shares of the company’s stock valued at $8,951,000 after buying an additional 16,161 shares during the period.

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.