Dimensional US Real Estate ETF (NYSEARCA:DFAR) Shares Shorted: Short Interest Down 72.9% in October

Dimensional US Real Estate ETF (NYSEARCA:DFAR) saw a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 130,093 shares, a drop of 72.9% from the September 30th total of 480,175 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily volume of 1,618,553 shares, the days-to-cover ratio is currently 0.1 days.

Dimensional US Real Estate ETF Price Performance

Dimensional US Real Estate ETF stock traded up $0.53 during trading hours on Thursday, hitting $25.40. 2,533,437 shares of the stock traded hands, compared to its average volume of 2,188,727. The firm’s 50 day moving average price is $25.17 and its 200-day moving average price is $25.29. The stock has a market capitalization of $1.75 billion, a price-to-earnings ratio of 31.45 and a beta of 0.90. Dimensional US Real Estate ETF has a 1 year low of $22.65 and a 1 year high of $27.59.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. Root Financial Partners LLC grew its holdings in shares of Dimensional US Real Estate ETF by 10.9% during the 1st quarter. Root Financial Partners LLC now owns 2,117,477 shares of the company’s stock worth $50,078,000 after purchasing an additional 208,208 shares during the period. Sequoia Financial Advisors LLC raised its holdings in shares of Dimensional US Real Estate ETF by 7.2% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 757,577 shares of the company’s stock valued at $19,818,000 after buying an additional 50,748 shares during the period. Core Wealth Management Inc. boosted its stake in shares of Dimensional US Real Estate ETF by 1.6% in the first quarter. Core Wealth Management Inc. now owns 485,351 shares of the company’s stock valued at $11,479,000 after purchasing an additional 7,454 shares during the period. Concurrent Investment Advisors LLC boosted its holdings in Dimensional US Real Estate ETF by 5.2% in the second quarter. Concurrent Investment Advisors LLC now owns 469,889 shares of the company’s stock valued at $12,292,000 after purchasing an additional 23,030 shares during the period. Finally, Jackson Thornton Wealth Management LLC grew its position in shares of Dimensional US Real Estate ETF by 6.4% during the first quarter. Jackson Thornton Wealth Management LLC now owns 455,801 shares of the company’s stock worth $11,345,000 after buying an additional 27,411 shares in the last quarter.

Dimensional US Real Estate ETF Company Profile

The Dimensional US Real Estate ETF (DFAR) is an exchange-traded fund that mostly invests in real estate equity. The fund is actively managed to invest in US companies whose principal activities are engaged in the broad real estate sector, including REITs. Portfolio holdings are weighted by market capitalization. DFAR was launched on Feb 23, 2022 and is managed by Dimensional.