Dimensional Emerging Markets High Profitability ETF (NYSEARCA:DEHP) Sees Large Growth in Short Interest

Dimensional Emerging Markets High Profitability ETF (NYSEARCA:DEHP) was the recipient of a large growth in short interest in July. As of July 31st, there was short interest totaling 113,261 shares, a growth of 3,177.2% from the July 15th total of 3,456 shares. Currently, 1.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 35,335 shares, the short-interest ratio is presently 3.2 days.

Institutional Investors Weigh In On Dimensional Emerging Markets High Profitability ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Goldman Sachs Group Inc. acquired a new position in Dimensional Emerging Markets High Profitability ETF during the first quarter valued at $405,000. Jane Street Group LLC boosted its position in Dimensional Emerging Markets High Profitability ETF by 37.6% during the 2nd quarter. Jane Street Group LLC now owns 125,465 shares of the company’s stock worth $3,513,000 after acquiring an additional 34,280 shares during the period. Bank of America Corp DE grew its stake in Dimensional Emerging Markets High Profitability ETF by 8.8% during the 2nd quarter. Bank of America Corp DE now owns 49,972 shares of the company’s stock valued at $1,399,000 after acquiring an additional 4,023 shares in the last quarter. Great Valley Advisor Group Inc. purchased a new position in Dimensional Emerging Markets High Profitability ETF during the 2nd quarter valued at about $207,000. Finally, Orion Porfolio Solutions LLC increased its holdings in shares of Dimensional Emerging Markets High Profitability ETF by 449.5% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 48,234 shares of the company’s stock valued at $1,351,000 after purchasing an additional 39,457 shares during the period.

Dimensional Emerging Markets High Profitability ETF Price Performance

DEHP opened at $40.16 on Wednesday. The company has a market capitalization of $429.71 million, a price-to-earnings ratio of 16.44 and a beta of 0.86. Dimensional Emerging Markets High Profitability ETF has a 1-year low of $28.77 and a 1-year high of $45.13. The business has a 50 day moving average price of $40.98 and a two-hundred day moving average price of $38.42.

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.