Short Interest in Dimensional Emerging Markets Core Equity 2 ETF (NYSEARCA:DFEM) Drops By 76.7%

Dimensional Emerging Markets Core Equity 2 ETF (NYSEARCA:DFEM) was the recipient of a large drop in short interest during the month of January. As of January 15th, there was short interest totaling 139,252 shares, a drop of 76.7% from the December 31st total of 597,322 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 810,295 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 810,295 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the shares of the company are sold short.

Hedge Funds Weigh In On Dimensional Emerging Markets Core Equity 2 ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Larson Financial Group LLC acquired a new position in shares of Dimensional Emerging Markets Core Equity 2 ETF in the third quarter valued at approximately $27,000. Comerica Bank increased its stake in Dimensional Emerging Markets Core Equity 2 ETF by 279.5% in the 1st quarter. Comerica Bank now owns 945 shares of the company’s stock valued at $25,000 after buying an additional 696 shares during the period. Elevate Wealth Advisory Inc. lifted its stake in shares of Dimensional Emerging Markets Core Equity 2 ETF by 2,335.7% in the 4th quarter. Elevate Wealth Advisory Inc. now owns 1,023 shares of the company’s stock worth $34,000 after acquiring an additional 981 shares during the period. First United Bank & Trust purchased a new stake in shares of Dimensional Emerging Markets Core Equity 2 ETF in the third quarter valued at about $51,000. Finally, MTM Investment Management LLC purchased a new stake in shares of Dimensional Emerging Markets Core Equity 2 ETF in the second quarter valued at about $76,000.

Dimensional Emerging Markets Core Equity 2 ETF Price Performance

Shares of DFEM stock traded down $0.70 during trading hours on Friday, hitting $35.57. The stock had a trading volume of 806,476 shares, compared to its average volume of 812,144. The firm has a market capitalization of $7.69 billion, a PE ratio of 14.02 and a beta of 0.71. The stock’s 50 day moving average is $33.56 and its 200 day moving average is $32.33. Dimensional Emerging Markets Core Equity 2 ETF has a twelve month low of $23.08 and a twelve month high of $36.51.

Dimensional Emerging Markets Core Equity 2 ETF Company Profile

The Dimensional Emerging Markets Core Equity 2 ETF (DFEM) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects emerging markets securities of all sizes with a tilt toward small-cap companies, seeking to provide long-term capital appreciation. DFEM was launched on Apr 27, 2022 and is managed by Dimensional.