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

Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) was the target of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 117,381 shares, a growth of 58.0% from the August 15th total of 74,277 shares. Based on an average daily volume of 257,424 shares, the short-interest ratio is presently 0.5 days. Currently, 0.1% of the company’s stock are sold short.

Dimensional U.S. Targeted Value ETF Price Performance

NYSEARCA:DFAT traded up $0.04 during mid-day trading on Thursday, reaching $69.41. The stock had a trading volume of 182,189 shares, compared to its average volume of 341,050. The company has a market capitalization of $14.20 billion, a price-to-earnings ratio of 12.39 and a beta of 0.97. Dimensional U.S. Targeted Value ETF has a 1-year low of $55.12 and a 1-year high of $72.81. The stock’s 50 day simple moving average is $71.03 and its two-hundred day simple moving average is $67.68.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of DFAT. HBK Sorce Advisory LLC acquired a new position in Dimensional U.S. Targeted Value ETF during the 4th quarter worth $562,000. Petersen Hastings Wealth Advisors Inc. acquired a new position in shares of Dimensional U.S. Targeted Value ETF in the 4th quarter worth approximately $1,119,000. Professional Financial Solutions LLC ADV acquired a new stake in shares of Dimensional U.S. Targeted Value ETF during the 4th quarter valued at $13,716,000. Rooted Wealth Advisors Inc. purchased a new stake in shares of Dimensional U.S. Targeted Value ETF during the fourth quarter valued at $2,582,000. Finally, Tandemgrowth Financial Advisors LLC acquired a new position in Dimensional U.S. Targeted Value ETF in the 4th quarter worth approximately $785,000.

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.