Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS) Sees Large Drop in Short Interest

Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS) saw a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 133,147 shares, a decline of 45.0% from the June 15th total of 242,000 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 500,937 shares, the days-to-cover ratio is presently 0.3 days.

Dimensional U.S. Small Cap ETF Price Performance

Shares of Dimensional U.S. Small Cap ETF stock opened at $80.86 on Wednesday. Dimensional U.S. Small Cap ETF has a one year low of $62.61 and a one year high of $82.91. The stock’s 50-day moving average is $79.20 and its 200 day moving average is $75.64. The firm has a market cap of $15.01 billion, a price-to-earnings ratio of 15.89 and a beta of 1.01.

Hedge Funds Weigh In On Dimensional U.S. Small Cap ETF

Several institutional investors have recently added to or reduced their stakes in DFAS. Creative Planning increased its stake in shares of Dimensional U.S. Small Cap ETF by 12.1% in the 3rd quarter. Creative Planning now owns 22,684,991 shares of the company’s stock valued at $1,553,014,000 after acquiring an additional 2,456,531 shares in the last quarter. Northern Trust Corp lifted its position in shares of Dimensional U.S. Small Cap ETF by 0.3% during the 4th quarter. Northern Trust Corp now owns 8,102,950 shares of the company’s stock valued at $564,533,000 after acquiring an additional 23,636 shares during the period. Bank of America Corp DE lifted its position in shares of Dimensional U.S. Small Cap ETF by 6.3% during the 3rd quarter. Bank of America Corp DE now owns 6,609,555 shares of the company’s stock valued at $452,490,000 after acquiring an additional 392,795 shares during the period. Focus Partners Wealth boosted its stake in Dimensional U.S. Small Cap ETF by 3.4% during the fourth quarter. Focus Partners Wealth now owns 3,517,043 shares of the company’s stock worth $245,032,000 after acquiring an additional 114,288 shares in the last quarter. Finally, Pure Financial Advisors LLC boosted its stake in Dimensional U.S. Small Cap ETF by 5.4% during the fourth quarter. Pure Financial Advisors LLC now owns 3,104,414 shares of the company’s stock worth $216,285,000 after acquiring an additional 158,090 shares in the last quarter.

Dimensional U.S. Small Cap ETF Company Profile

The Dimensional U.S. Small Cap ETF (DFAS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund actively invests in small-cap US companies, selected using multiple factors and weighted by market capitalization. DFAS was launched on Dec 15, 1998 and is managed by Dimensional.