Dimensional Emerging Markets Value ETF (NYSEARCA:DFEV) Stock Short Interest Drops 79.7%

Dimensional Emerging Markets Value ETF (NYSEARCA:DFEV) was the recipient of a significant decline in short interest in October. As of October 30th, there was short interest totaling 512,645 shares, a decline of 79.7% from the October 15th total of 2,530,696 shares. Approximately 0.9% of the shares of the stock are short sold. Based on an average daily trading volume, of 352,918 shares, the short-interest ratio is presently 1.5 days.

Dimensional Emerging Markets Value ETF Trading Down 1.3%

Dimensional Emerging Markets Value ETF stock traded down $0.52 during mid-day trading on Thursday, hitting $39.12. The stock had a trading volume of 121,238 shares, compared to its average volume of 268,819. Dimensional Emerging Markets Value ETF has a 12 month low of $32.13 and a 12 month high of $44.94. The stock has a market capitalization of $2.13 billion, a PE ratio of 9.89 and a beta of 0.80. The stock has a 50-day simple moving average of $41.63 and a two-hundred day simple moving average of $40.23.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Asset Dedication LLC bought a new stake in Dimensional Emerging Markets Value ETF in the third quarter valued at approximately $105,767,000. Ritholtz Wealth Management acquired a new position in Dimensional Emerging Markets Value ETF in the 3rd quarter valued at $62,366,000. Root Financial Partners LLC acquired a new stake in Dimensional Emerging Markets Value ETF during the third quarter worth about $62,100,000. Vise Technologies Inc. acquired a new stake in Dimensional Emerging Markets Value ETF during the third quarter worth about $61,838,000. Finally, HighTower Advisors LLC bought a new position in Dimensional Emerging Markets Value ETF in the third quarter valued at approximately $42,635,000.

About Dimensional Emerging Markets Value ETF

The Dimensional Emerging Markets Value ETF (DFEV) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects emerging markets securities of all sizes exhibiting value characteristics, seeking to provide long-term capital appreciation. DFEV was launched on Apr 27, 2022 and is managed by Dimensional.