Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) Sees Large Decline in Short Interest

Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) was the target of a large decrease in short interest in July. As of July 31st, there was short interest totaling 85,433 shares, a decrease of 41.4% from the July 15th total of 145,859 shares. Based on an average daily trading volume, of 385,568 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are short sold.

Dimensional U.S. Targeted Value ETF Price Performance

Dimensional U.S. Targeted Value ETF stock opened at $72.72 on Monday. The business has a 50 day simple moving average of $70.08 and a 200 day simple moving average of $66.78. The company has a market capitalization of $14.88 billion, a PE ratio of 12.39 and a beta of 0.97. Dimensional U.S. Targeted Value ETF has a one year low of $55.12 and a one year high of $72.81.

Hedge Funds Weigh In On Dimensional U.S. Targeted Value ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. CIBC Private Wealth Group LLC boosted its holdings in shares of Dimensional U.S. Targeted Value ETF by 59.0% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 655 shares of the company’s stock worth $38,000 after acquiring an additional 243 shares in the last quarter. Timmons Wealth Management LLC acquired a new stake in Dimensional U.S. Targeted Value ETF during the 4th quarter valued at $50,000. Parallel Advisors LLC raised its position in Dimensional U.S. Targeted Value ETF by 49.9% in the 1st quarter. Parallel Advisors LLC now owns 811 shares of the company’s stock valued at $51,000 after purchasing an additional 270 shares during the last quarter. Modus Advisors LLC bought a new position in Dimensional U.S. Targeted Value ETF in the 4th quarter valued at $82,000. Finally, Operose Advisors LLC acquired a new position in Dimensional U.S. Targeted Value ETF in the fourth quarter worth $118,000.

Dimensional U.S. Targeted Value ETF Company Profile

The Dimensional U.S. Targeted Value ETF (DFAT) is an exchange-traded fund that mostly invests in extended market equity. The fund is an active, tax-managed fund that seeks to provide long-term capital appreciation from a portfolio of US mid- and small-cap value stocks. DFAT was launched on Dec 11, 1998 and is managed by Dimensional.