Dimensional Emerging Markets Value ETF (NYSEARCA:DFEV) Short Interest Up 339.7% in June

Dimensional Emerging Markets Value ETF (NYSEARCA:DFEV) was the target of a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 280,429 shares, a growth of 339.7% from the May 31st total of 63,775 shares. Currently, 0.6% of the company’s stock are sold short. Based on an average daily trading volume, of 217,880 shares, the days-to-cover ratio is currently 1.3 days.

Institutional Investors Weigh In On Dimensional Emerging Markets Value ETF

Several hedge funds have recently bought and sold shares of DFEV. Angeles Wealth Management LLC purchased a new stake in Dimensional Emerging Markets Value ETF in the first quarter worth about $33,000. RHL Group LLC bought a new stake in shares of Dimensional Emerging Markets Value ETF in the 4th quarter worth approximately $38,000. Signaturefd LLC boosted its position in shares of Dimensional Emerging Markets Value ETF by 114,400.0% in the 4th quarter. Signaturefd LLC now owns 1,145 shares of the company’s stock worth $39,000 after purchasing an additional 1,144 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of Dimensional Emerging Markets Value ETF by 388.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,401 shares of the company’s stock worth $47,000 after purchasing an additional 1,114 shares during the last quarter. Finally, Fifth Third Bancorp bought a new stake in Dimensional Emerging Markets Value ETF in the 1st quarter worth approximately $52,000.

Dimensional Emerging Markets Value ETF Stock Down 1.7%

Shares of DFEV stock traded down $0.73 during mid-day trading on Friday, reaching $41.89. 360,660 shares of the company’s stock traded hands, compared to its average volume of 234,334. The company’s 50-day moving average price is $41.69 and its 200-day moving average price is $37.92. The company has a market cap of $1.91 billion, a P/E ratio of 10.75 and a beta of 0.73. Dimensional Emerging Markets Value ETF has a 12 month low of $29.80 and a 12 month high of $44.94.

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.