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

Dimensional U.S. Targeted Value ETF (NYSEARCA:DFAT) was the recipient of a significant growth in short interest in December. As of December 15th, there was short interest totaling 240,613 shares, a growth of 68.5% from the November 30th total of 142,765 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 362,306 shares, the days-to-cover ratio is presently 0.7 days. Based on an average daily volume of 362,306 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.1% of the company’s stock are sold short.

Institutional Investors Weigh In On Dimensional U.S. Targeted Value ETF

Several hedge funds and other institutional investors have recently bought and sold shares of DFAT. CoreFirst Bank & Trust purchased a new position in shares of Dimensional U.S. Targeted Value ETF during the third quarter worth about $26,000. Trust Co. of Toledo NA OH acquired a new stake in shares of Dimensional U.S. Targeted Value ETF in the 2nd quarter valued at about $27,000. CIBC Private Wealth Group LLC grew its stake in Dimensional U.S. Targeted Value ETF by 59.0% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 655 shares of the company’s stock worth $38,000 after buying an additional 243 shares during the last quarter. IAG Wealth Partners LLC grew its stake in Dimensional U.S. Targeted Value ETF by 350.8% during the 3rd quarter. IAG Wealth Partners LLC now owns 852 shares of the company’s stock worth $50,000 after buying an additional 663 shares during the last quarter. Finally, Hantz Financial Services Inc. acquired a new position in Dimensional U.S. Targeted Value ETF during the second quarter worth approximately $53,000.

Dimensional U.S. Targeted Value ETF Stock Performance

DFAT stock traded down $0.07 during midday trading on Friday, reaching $60.48. 253,914 shares of the company were exchanged, compared to its average volume of 386,943. The company has a market cap of $12.07 billion, a price-to-earnings ratio of 12.39 and a beta of 1.04. Dimensional U.S. Targeted Value ETF has a 1-year low of $44.01 and a 1-year high of $61.77. The stock’s 50-day simple moving average is $58.49 and its 200 day simple moving average is $57.20.

About Dimensional U.S. Targeted Value ETF

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.