Short Interest in Dimensional Emerging Markets High Profitability ETF (NYSEARCA:DEHP) Declines By 58.9%

Dimensional Emerging Markets High Profitability ETF (NYSEARCA:DEHP) saw a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 3,456 shares, a decline of 58.9% from the June 30th total of 8,400 shares. Based on an average daily volume of 60,558 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Hedge Funds Weigh In On Dimensional Emerging Markets High Profitability ETF

Large investors have recently added to or reduced their stakes in the company. Canvas Wealth Advisors LLC bought a new stake in shares of Dimensional Emerging Markets High Profitability ETF in the 2nd quarter worth approximately $266,000. Lam Group Inc. increased its position in shares of Dimensional Emerging Markets High Profitability ETF by 9.8% during the second quarter. Lam Group Inc. now owns 3,805 shares of the company’s stock valued at $163,000 after purchasing an additional 340 shares during the period. Apella Capital LLC acquired a new position in shares of Dimensional Emerging Markets High Profitability ETF in the second quarter valued at $587,000. Evanson Financial LLC acquired a new position in shares of Dimensional Emerging Markets High Profitability ETF in the second quarter valued at $2,931,000. Finally, CX Institutional bought a new position in Dimensional Emerging Markets High Profitability ETF in the second quarter worth $49,000.

Dimensional Emerging Markets High Profitability ETF Stock Performance

Shares of DEHP traded down $1.09 during trading hours on Tuesday, reaching $37.89. 28,938 shares of the company traded hands, compared to its average volume of 35,045. The stock’s fifty day moving average is $41.54 and its 200 day moving average is $38.02. Dimensional Emerging Markets High Profitability ETF has a 1-year low of $27.90 and a 1-year high of $45.13. The stock has a market cap of $405.42 million, a P/E ratio of 16.44 and a beta of 0.85.

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.