Dimensional US High Profitability ETF (NYSEARCA:DUHP) Short Interest Down 35.6% in January

Dimensional US High Profitability ETF (NYSEARCA:DUHP) was the target of a significant decline in short interest in January. As of January 30th, there was short interest totaling 232,110 shares, a decline of 35.6% from the January 15th total of 360,627 shares. Based on an average daily volume of 1,386,215 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the shares of the company are short sold. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 1,386,215 shares, the days-to-cover ratio is currently 0.2 days.

Dimensional US High Profitability ETF Trading Up 0.7%

DUHP traded up $0.29 on Friday, reaching $39.18. The company had a trading volume of 472,387 shares, compared to its average volume of 1,367,999. The company has a market capitalization of $11.10 billion, a P/E ratio of 24.91 and a beta of 0.97. The company has a fifty day moving average of $38.44 and a 200-day moving average of $37.72. Dimensional US High Profitability ETF has a one year low of $28.68 and a one year high of $39.64.

Institutional Investors Weigh In On Dimensional US High Profitability ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Petersen Hastings Wealth Advisors Inc. bought a new position in Dimensional US High Profitability ETF during the 4th quarter valued at $108,832,000. Mercer Global Advisors Inc. ADV lifted its holdings in shares of Dimensional US High Profitability ETF by 6.2% in the third quarter. Mercer Global Advisors Inc. ADV now owns 42,604,612 shares of the company’s stock valued at $1,609,176,000 after buying an additional 2,484,185 shares during the period. Allworth Financial LP boosted its stake in Dimensional US High Profitability ETF by 187.4% during the third quarter. Allworth Financial LP now owns 2,961,456 shares of the company’s stock valued at $111,854,000 after buying an additional 1,931,114 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in Dimensional US High Profitability ETF by 4.3% during the second quarter. Envestnet Asset Management Inc. now owns 36,539,311 shares of the company’s stock valued at $1,299,338,000 after buying an additional 1,507,394 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in Dimensional US High Profitability ETF by 5,312.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,456,563 shares of the company’s stock worth $55,393,000 after acquiring an additional 1,429,651 shares during the period.

Dimensional US High Profitability ETF Company Profile

The Dimensional US High Profitability ETF (DUHP) is an exchange-traded fund that mostly invests in large cap equity. The fund invests in a broad and diverse group of large-cap US stocks actively selected based on perceived higher profitability relative to other US large-cap companies. DUHP was launched on Feb 23, 2022 and is managed by Dimensional.