Dimensional International High Profitability ETF (BATS:DIHP) Short Interest Down 75.4% in May

Dimensional International High Profitability ETF (BATS:DIHP) was the recipient of a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 215,884 shares, a drop of 75.4% from the May 14th total of 878,756 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 570,299 shares, the short-interest ratio is currently 0.4 days.

Dimensional International High Profitability ETF Stock Performance

BATS:DIHP opened at $33.40 on Thursday. The stock has a market capitalization of $4.69 billion, a P/E ratio of 17.57 and a beta of 0.90. The company has a 50 day moving average price of $33.73 and a 200 day moving average price of $33.03. Dimensional International High Profitability ETF has a fifty-two week low of $28.53 and a fifty-two week high of $35.31.

Hedge Funds Weigh In On Dimensional International High Profitability ETF

A number of hedge funds have recently made changes to their positions in the stock. Bank of America Corp DE boosted its position in shares of Dimensional International High Profitability ETF by 15.3% during the 1st quarter. Bank of America Corp DE now owns 439,677 shares of the company’s stock worth $14,166,000 after purchasing an additional 58,317 shares during the period. Arkadios Wealth Advisors boosted its position in Dimensional International High Profitability ETF by 217.2% in the 1st quarter. Arkadios Wealth Advisors now owns 23,390 shares of the company’s stock valued at $754,000 after buying an additional 16,015 shares during the period. Empire Financial Management Company LLC boosted its position in Dimensional International High Profitability ETF by 4.0% in the 1st quarter. Empire Financial Management Company LLC now owns 24,063 shares of the company’s stock valued at $775,000 after buying an additional 922 shares during the period. Envision Financial Planning LLC boosted its position in Dimensional International High Profitability ETF by 3.7% in the 1st quarter. Envision Financial Planning LLC now owns 429,029 shares of the company’s stock valued at $13,823,000 after buying an additional 15,197 shares during the period. Finally, Excelsior Advisor Network LLC boosted its position in Dimensional International High Profitability ETF by 2.7% in the 1st quarter. Excelsior Advisor Network LLC now owns 15,289 shares of the company’s stock valued at $493,000 after buying an additional 397 shares during the period.

Dimensional International High Profitability ETF Company Profile

The Dimensional International High Profitability ETF (DIHP) is an exchange-traded fund that mostly invests in large cap equity. The fund invests in a broad and diverse group of non-US large-cap stocks from developed markets, actively selected based on perceived higher profitability relative to other large-cap companies in the same countries or region. DIHP was launched on Mar 23, 2022 and is managed by Dimensional.