Short Interest in Dimensional U.S. Equity ETF (NYSEARCA:DFUS) Expands By 118.9%

Dimensional U.S. Equity ETF (NYSEARCA:DFUS) was the target of a large growth in short interest in May. As of May 29th, there was short interest totaling 581,026 shares, a growth of 118.9% from the May 14th total of 265,407 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average trading volume of 713,652 shares, the days-to-cover ratio is currently 0.8 days.

Hedge Funds Weigh In On Dimensional U.S. Equity ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Evolution Wealth Management Inc. bought a new position in shares of Dimensional U.S. Equity ETF during the 4th quarter valued at $25,000. Winnow Wealth LLC bought a new position in shares of Dimensional U.S. Equity ETF during the 4th quarter valued at $26,000. Dunhill Financial LLC bought a new position in shares of Dimensional U.S. Equity ETF during the 4th quarter valued at $33,000. Abound Financial LLC bought a new position in shares of Dimensional U.S. Equity ETF during the 4th quarter valued at $34,000. Finally, Sound Income Strategies LLC bought a new position in shares of Dimensional U.S. Equity ETF during the 4th quarter valued at $38,000.

Dimensional U.S. Equity ETF Trading Up 0.5%

DFUS stock opened at $81.10 on Friday. The stock has a market capitalization of $20.57 billion, a PE ratio of 24.45 and a beta of 1.01. Dimensional U.S. Equity ETF has a 12-month low of $64.33 and a 12-month high of $82.96. The stock’s 50 day simple moving average is $78.67 and its 200 day simple moving average is $75.72.

Dimensional U.S. Equity ETF Company Profile

The Dimensional U.S. Equity ETF (DFUS) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects US equities of all sizes weighted by market capitalization in seeking to provide long-term capital appreciation. DFUS was launched on Sep 25, 2001 and is managed by Dimensional.