Dimensional Emerging Markets High Profitability ETF (NYSEARCA:DEHP) Sees Large Drop in Short Interest

by · The Markets Daily

Dimensional Emerging Markets High Profitability ETF (NYSEARCA:DEHP – Get Free Report) saw a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 8,874 shares, a drop of 87.3% from the August 31st total of 69,737 shares. Based on an average trading volume of 36,514 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the company’s shares are sold short.

Dimensional Emerging Markets High Profitability ETF Stock Up 1.3%

NYSEARCA:DEHP traded up $0.53 on Friday, reaching $42.02. 26,377 shares of the company’s stock were exchanged, compared to its average volume of 34,719. The firm has a market capitalization of $466.42 million, a price-to-earnings ratio of 16.44 and a beta of 0.86. Dimensional Emerging Markets High Profitability ETF has a 52-week low of $29.90 and a 52-week high of $45.13. The business has a fifty day moving average of $40.69 and a 200-day moving average of $39.71.

Institutional Investors Weigh In On Dimensional Emerging Markets High Profitability ETF

Hedge funds have recently added to or reduced their stakes in the business. Rehmann Capital Advisory Group lifted its position in Dimensional Emerging Markets High Profitability ETF by 2.2% during the 4th quarter. Rehmann Capital Advisory Group now owns 13,330 shares of the company’s stock worth $430,000 after acquiring an additional 288 shares during the period. Lam Group Inc. increased its holdings in shares of Dimensional Emerging Markets High Profitability ETF by 9.8% in the second quarter. Lam Group Inc. now owns 3,805 shares of the company’s stock valued at $163,000 after purchasing an additional 340 shares during the period. Chicago Partners Investment Group LLC raised its stake in shares of Dimensional Emerging Markets High Profitability ETF by 0.3% during the first quarter. Chicago Partners Investment Group LLC now owns 137,337 shares of the company’s stock worth $4,641,000 after purchasing an additional 395 shares during the last quarter. Nwam LLC lifted its holdings in shares of Dimensional Emerging Markets High Profitability ETF by 9.3% during the first quarter. Nwam LLC now owns 7,711 shares of the company’s stock worth $261,000 after purchasing an additional 655 shares during the period. Finally, EverSource Wealth Advisors LLC acquired a new stake in shares of Dimensional Emerging Markets High Profitability ETF during the first quarter worth $29,000.

Dimensional Emerging Markets High Profitability ETF Company Profile

(Get Free Report)

The Dimensional Emerging Markets High Profitability ETF (DEHP) is an exchange-traded fund that mostly invests in large cap equity. The fund actively selects large-cap emerging markets companies exhibiting high profitability characteristics, seeking to provide long-term capital appreciation. DEHP was launched on Apr 27, 2022 and is managed by Dimensional.

Further Reading