Dimensional Emerging Markets Value ETF (NYSEARCA:DFEV) Sees Large Decline in Short Interest

Dimensional Emerging Markets Value ETF (NYSEARCA:DFEV) saw a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 63,470 shares, a decrease of 77.9% from the August 31st total of 287,608 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 237,366 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Angeles Wealth Management LLC purchased a new stake in Dimensional Emerging Markets Value ETF in the 1st quarter worth $33,000. Fifth Third Bancorp purchased a new position in Dimensional Emerging Markets Value ETF during the first quarter valued at $52,000. CX Institutional purchased a new position in Dimensional Emerging Markets Value ETF during the second quarter valued at $99,000. Rockefeller Capital Management L.P. grew its position in shares of Dimensional Emerging Markets Value ETF by 66.5% in the fourth quarter. Rockefeller Capital Management L.P. now owns 3,951 shares of the company’s stock valued at $133,000 after purchasing an additional 1,578 shares during the period. Finally, SFM LLC acquired a new stake in shares of Dimensional Emerging Markets Value ETF in the second quarter valued at about $246,000.

Dimensional Emerging Markets Value ETF Price Performance

DFEV stock traded up $0.47 during mid-day trading on Friday, reaching $42.84. 195,369 shares of the company’s stock were exchanged, compared to its average volume of 239,573. Dimensional Emerging Markets Value ETF has a 12-month low of $30.99 and a 12-month high of $44.94. The stock’s 50 day moving average is $41.83 and its 200 day moving average is $40.66. The company has a market cap of $2.20 billion, a price-to-earnings ratio of 10.75 and a beta of 0.75.

About Dimensional Emerging Markets Value ETF

The Dimensional Emerging Markets Value ETF (DFEV) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects emerging markets securities of all sizes exhibiting value characteristics, seeking to provide long-term capital appreciation. DFEV was launched on Apr 27, 2022 and is managed by Dimensional.