Dimensional Emerging Markets High Profitability ETF (NYSEARCA:DEHP) Sees Large Increase in Short Interest

Dimensional Emerging Markets High Profitability ETF (NYSEARCA:DEHP) was the recipient of a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 20,160 shares, an increase of 90.1% from the February 26th total of 10,605 shares. Based on an average daily volume of 32,900 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.2% of the shares of the company are short sold.

Dimensional Emerging Markets High Profitability ETF Stock Performance

DEHP traded down $0.09 during trading on Friday, hitting $32.91. The stock had a trading volume of 20,272 shares, compared to its average volume of 32,693. The firm has a market capitalization of $325.81 million, a P/E ratio of 16.44 and a beta of 0.72. Dimensional Emerging Markets High Profitability ETF has a twelve month low of $21.48 and a twelve month high of $37.54. The company’s 50-day moving average price is $35.13 and its 200 day moving average price is $32.84.

Hedge Funds Weigh In On Dimensional Emerging Markets High Profitability ETF

A number of hedge funds have recently made changes to their positions in DEHP. Signaturefd LLC purchased a new stake in Dimensional Emerging Markets High Profitability ETF during the 4th quarter worth $39,000. Farther Finance Advisors LLC raised its position in Dimensional Emerging Markets High Profitability ETF by 65.4% in the third quarter. Farther Finance Advisors LLC now owns 1,348 shares of the company’s stock valued at $41,000 after purchasing an additional 533 shares during the period. RHL Group LLC purchased a new position in Dimensional Emerging Markets High Profitability ETF in the fourth quarter valued at about $43,000. Root Financial Partners LLC acquired a new position in shares of Dimensional Emerging Markets High Profitability ETF during the third quarter worth about $90,000. Finally, Nalls Sherbakoff Group LLC purchased a new stake in shares of Dimensional Emerging Markets High Profitability ETF in the fourth quarter worth about $108,000.

Dimensional Emerging Markets High Profitability ETF Company Profile

The Dimensional Emerging Markets High Profitability ETF (DEHP) is an exchange-traded fund that mostly invests in large cap equity. The fund actively selects large-cap emerging markets companies exhibiting high profitability characteristics, seeking to provide long-term capital appreciation. DEHP was launched on Apr 27, 2022 and is managed by Dimensional.