Short Interest in Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE) Decreases By 60.1%

Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE) was the recipient of a large decline in short interest in June. As of June 15th, there was short interest totaling 2,025,782 shares, a decline of 60.1% from the May 31st total of 5,081,671 shares. Based on an average daily volume of 1,227,170 shares, the days-to-cover ratio is presently 1.7 days. Currently, 0.9% of the company’s stock are short sold.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Brighton Jones LLC boosted its holdings in Dimensional Emerging Core Equity Market ETF by 17.9% in the fourth quarter. Brighton Jones LLC now owns 487,353 shares of the company’s stock worth $12,364,000 after purchasing an additional 73,906 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new position in shares of Dimensional Emerging Core Equity Market ETF during the 1st quarter valued at about $1,915,000. Jane Street Group LLC bought a new position in shares of Dimensional Emerging Core Equity Market ETF in the first quarter worth approximately $7,924,000. Qube Research & Technologies Ltd bought a new position in Dimensional Emerging Core Equity Market ETF in the 2nd quarter worth $159,000. Finally, Sei Investments Co. purchased a new stake in shares of Dimensional Emerging Core Equity Market ETF during the second quarter worth about $764,000.

Dimensional Emerging Core Equity Market ETF Stock Up 0.6%

Shares of NYSEARCA DFAE traded up $0.24 during trading on Monday, reaching $39.65. The company had a trading volume of 1,241,015 shares, compared to its average volume of 1,220,149. The stock has a market cap of $9.41 billion, a PE ratio of 14.98 and a beta of 0.71. The business’s 50-day moving average is $39.37 and its 200 day moving average is $36.20. Dimensional Emerging Core Equity Market ETF has a 12-month low of $28.73 and a 12-month high of $42.16.

About Dimensional Emerging Core Equity Market ETF

The Dimensional Emerging Core Equity Market ETF (DFAE) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects emerging markets securities of all sizes with a tilt toward small-cap companies, seeking to provide long-term capital appreciation. DFAE was launched on Dec 2, 2020 and is issued by Dimensional.