Dimensional International High Profitability ETF (BATS:DIHP) Sees Large Decrease in Short Interest

Dimensional International High Profitability ETF (BATS:DIHP) saw a significant drop in short interest in the month of September. As of September 30th, there was short interest totaling 187,534 shares, a drop of 86.2% from the September 15th total of 1,354,645 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 829,384 shares, the short-interest ratio is presently 0.2 days.

Institutional Investors Weigh In On Dimensional International High Profitability ETF

A number of hedge funds and other institutional investors have recently modified their holdings of DIHP. Rogco LP bought a new stake in shares of Dimensional International High Profitability ETF during the 2nd quarter worth approximately $26,000. Bayban bought a new position in Dimensional International High Profitability ETF in the first quarter valued at approximately $36,000. Assetmark Inc. increased its stake in Dimensional International High Profitability ETF by 1,537.2% in the first quarter. Assetmark Inc. now owns 1,277 shares of the company’s stock valued at $41,000 after acquiring an additional 1,199 shares during the last quarter. Fifth Third Bancorp acquired a new position in Dimensional International High Profitability ETF during the first quarter valued at approximately $49,000. Finally, Topsail Wealth Management LLC raised its position in Dimensional International High Profitability ETF by 42.4% during the first quarter. Topsail Wealth Management LLC now owns 1,629 shares of the company’s stock valued at $52,000 after purchasing an additional 485 shares in the last quarter.

Dimensional International High Profitability ETF Stock Performance

BATS:DIHP traded up $0.27 during mid-day trading on Friday, hitting $33.96. 416,570 shares of the stock were exchanged, compared to its average volume of 618,904. The firm’s 50-day simple moving average is $34.79 and its 200 day simple moving average is $34.11. The stock has a market capitalization of $4.77 billion, a price-to-earnings ratio of 17.57 and a beta of 0.90. Dimensional International High Profitability ETF has a fifty-two week low of $30.04 and a fifty-two week high of $35.88.

About Dimensional International High Profitability ETF

The Dimensional International High Profitability ETF (DIHP) is an exchange-traded fund that mostly invests in large cap equity. The fund invests in a broad and diverse group of non-US large-cap stocks from developed markets, actively selected based on perceived higher profitability relative to other large-cap companies in the same countries or region. DIHP was launched on Mar 23, 2022 and is managed by Dimensional.