Dimensional US High Profitability ETF (NYSEARCA:DUHP) Sees Significant Growth in Short Interest

Dimensional US High Profitability ETF (NYSEARCA:DUHP) was the target of a significant increase in short interest during the month of February. As of February 27th, there was short interest totaling 338,046 shares, an increase of 122.2% from the February 12th total of 152,135 shares. Based on an average daily volume of 1,147,664 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the company’s shares are short sold. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 1,147,664 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Investors Weigh In On Dimensional US High Profitability ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Salomon & Ludwin LLC bought a new position in Dimensional US High Profitability ETF in the 3rd quarter worth about $27,000. Wealth Watch Advisors INC bought a new stake in shares of Dimensional US High Profitability ETF during the fourth quarter valued at approximately $30,000. Geneos Wealth Management Inc. purchased a new stake in shares of Dimensional US High Profitability ETF in the fourth quarter valued at approximately $33,000. Smartleaf Asset Management LLC grew its stake in Dimensional US High Profitability ETF by 44.1% in the fourth quarter. Smartleaf Asset Management LLC now owns 849 shares of the company’s stock worth $33,000 after purchasing an additional 260 shares in the last quarter. Finally, Rothschild Investment LLC bought a new position in Dimensional US High Profitability ETF in the fourth quarter worth approximately $42,000.

Dimensional US High Profitability ETF Trading Down 0.2%

NYSEARCA:DUHP opened at $38.36 on Thursday. The company has a market cap of $10.87 billion, a price-to-earnings ratio of 24.91 and a beta of 0.97. Dimensional US High Profitability ETF has a twelve month low of $28.68 and a twelve month high of $39.64. The stock has a fifty day simple moving average of $38.74 and a 200-day simple moving average of $38.05.

Dimensional US High Profitability ETF Company Profile

The Dimensional US High Profitability ETF (DUHP) is an exchange-traded fund that mostly invests in large cap equity. The fund invests in a broad and diverse group of large-cap US stocks actively selected based on perceived higher profitability relative to other US large-cap companies. DUHP was launched on Feb 23, 2022 and is managed by Dimensional.