Dimensional International Core Equity Market ETF (NYSEARCA:DFAI) Sees Large Increase in Short Interest

Dimensional International Core Equity Market ETF (NYSEARCA:DFAI) saw a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 1,638,051 shares, an increase of 83.0% from the August 31st total of 895,135 shares. Approximately 0.4% of the company’s shares are short sold. Based on an average daily volume of 1,701,067 shares, the days-to-cover ratio is currently 1.0 days.

Dimensional International Core Equity Market ETF Stock Down 1.1%

Shares of Dimensional International Core Equity Market ETF stock traded down $0.45 during trading on Thursday, reaching $40.98. 222,149 shares of the company were exchanged, compared to its average volume of 1,745,846. Dimensional International Core Equity Market ETF has a twelve month low of $35.67 and a twelve month high of $43.59. The business has a 50-day moving average price of $42.63 and a 200-day moving average price of $41.48. The firm has a market capitalization of $17.50 billion, a price-to-earnings ratio of 15.89 and a beta of 0.76.

Hedge Funds Weigh In On Dimensional International Core Equity Market ETF

Several institutional investors have recently modified their holdings of the stock. Envestnet Asset Management Inc. raised its position in shares of Dimensional International Core Equity Market ETF by 6.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 27,763,226 shares of the company’s stock valued at $1,145,233,000 after acquiring an additional 1,803,311 shares during the period. Tortoise Investment Management LLC increased its stake in Dimensional International Core Equity Market ETF by 0.5% in the second quarter. Tortoise Investment Management LLC now owns 310,076 shares of the company’s stock valued at $12,791,000 after purchasing an additional 1,501 shares in the last quarter. Sequoia Financial Advisors LLC raised its holdings in Dimensional International Core Equity Market ETF by 4.1% in the second quarter. Sequoia Financial Advisors LLC now owns 2,827,567 shares of the company’s stock worth $116,637,000 after purchasing an additional 112,388 shares during the period. Cahill Financial Advisors Inc. boosted its position in shares of Dimensional International Core Equity Market ETF by 9.6% during the second quarter. Cahill Financial Advisors Inc. now owns 21,287 shares of the company’s stock worth $878,000 after purchasing an additional 1,871 shares in the last quarter. Finally, Bienville Capital Management LLC acquired a new position in Dimensional International Core Equity Market ETF in the second quarter valued at about $1,006,000.

About Dimensional International Core Equity Market ETF

The Dimensional International Core Equity Market ETF (DFAI) is an exchange-traded fund that is based on the MSCI World ex USA IMI index. The fund is an actively-managed fund that seeks a broad exposure to relatively low-priced and profitable stocks in developed countries outside the US. DFAI was launched on Nov 17, 2020 and is managed by Dimensional.