Dimensional Global ex US Core Fixed Income ETF (NASDAQ:DFGX) Sees Large Increase in Short Interest

Dimensional Global ex US Core Fixed Income ETF (NASDAQ:DFGX) saw a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 44,300 shares, an increase of 123.9% from the August 31st total of 19,789 shares. Based on an average daily volume of 185,738 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the shares of the stock are sold short.

Dimensional Global ex US Core Fixed Income ETF Stock Up 0.3%

Shares of Dimensional Global ex US Core Fixed Income ETF stock traded up $0.13 on Friday, reaching $51.28. The company’s stock had a trading volume of 358,346 shares, compared to its average volume of 146,094. The stock has a 50-day moving average price of $51.99 and a 200-day moving average price of $52.59. Dimensional Global ex US Core Fixed Income ETF has a 52-week low of $51.11 and a 52-week high of $54.73.

Dimensional Global ex US Core Fixed Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, August 20th. Investors of record on Tuesday, August 18th were issued a $0.1905 dividend. This represents a $2.29 annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend was Tuesday, August 18th. This is a drop from Dimensional Global ex US Core Fixed Income ETF’s previous monthly dividend of $0.6989.

Hedge Funds Weigh In On Dimensional Global ex US Core Fixed Income ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Envestnet Portfolio Solutions Inc. grew its position in shares of Dimensional Global ex US Core Fixed Income ETF by 11.5% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 12,590 shares of the company’s stock valued at $675,000 after purchasing an additional 1,295 shares during the period. Envestnet Asset Management Inc. raised its position in shares of Dimensional Global ex US Core Fixed Income ETF by 27.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 594,298 shares of the company’s stock worth $31,851,000 after purchasing an additional 128,942 shares during the last quarter. XY Planning Network Inc. lifted its stake in Dimensional Global ex US Core Fixed Income ETF by 4.2% in the 2nd quarter. XY Planning Network Inc. now owns 6,273 shares of the company’s stock valued at $336,000 after buying an additional 251 shares in the last quarter. Corient Private Wealth LP purchased a new position in Dimensional Global ex US Core Fixed Income ETF in the 2nd quarter valued at about $260,000. Finally, Washington Trust Advisors Inc. boosted its holdings in Dimensional Global ex US Core Fixed Income ETF by 124.0% in the 2nd quarter. Washington Trust Advisors Inc. now owns 9,902 shares of the company’s stock worth $531,000 after buying an additional 5,482 shares during the last quarter.

About Dimensional Global ex US Core Fixed Income ETF

The Dimensional Global ex US Core Fixed Income ETF (DFGX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund provides an actively managed exposure to the broad fixed income space outside the US. It holds foreign debt securities, of any credit quality and maturity within 20 years, with the objective of maximizing total returns. DFGX was launched on Nov 7, 2023 and is issued by Dimensional.