Short Interest in Dimensional International Core Equity Market ETF (NYSEARCA:DFAI) Declines By 67.8%
by Doug Wharley · The Cerbat GemDimensional International Core Equity Market ETF (NYSEARCA:DFAI – Get Free Report) saw a significant drop in short interest in the month of April. As of April 30th, there was short interest totaling 476,566 shares, a drop of 67.8% from the April 15th total of 1,481,665 shares. Based on an average daily volume of 1,276,782 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.1% of the company’s stock are sold short.
Dimensional International Core Equity Market ETF Stock Down 1.6%
Shares of Dimensional International Core Equity Market ETF stock traded down $0.68 during trading hours on Friday, hitting $40.83. 1,621,832 shares of the company’s stock traded hands, compared to its average volume of 1,852,111. The stock has a 50 day simple moving average of $40.11 and a 200-day simple moving average of $39.26. The company has a market cap of $15.76 billion, a PE ratio of 15.89 and a beta of 0.76. Dimensional International Core Equity Market ETF has a twelve month low of $33.17 and a twelve month high of $42.43.
Hedge Funds Weigh In On Dimensional International Core Equity Market ETF
A number of hedge funds have recently bought and sold shares of DFAI. Brighton Jones LLC grew its stake in Dimensional International Core Equity Market ETF by 21.2% in the fourth quarter. Brighton Jones LLC now owns 1,073,196 shares of the company’s stock worth $31,337,000 after purchasing an additional 188,084 shares in the last quarter. AQR Capital Management LLC lifted its holdings in Dimensional International Core Equity Market ETF by 39.2% in the first quarter. AQR Capital Management LLC now owns 49,086 shares of the company’s stock worth $1,533,000 after acquiring an additional 13,819 shares during the last quarter. Jane Street Group LLC bought a new position in Dimensional International Core Equity Market ETF in the first quarter worth about $7,385,000. JPMorgan Chase & Co. lifted its holdings in Dimensional International Core Equity Market ETF by 0.6% in the second quarter. JPMorgan Chase & Co. now owns 157,050 shares of the company’s stock worth $5,429,000 after acquiring an additional 922 shares during the last quarter. Finally, Sei Investments Co. bought a new position in Dimensional International Core Equity Market ETF in the second quarter worth about $1,205,000.
Dimensional International Core Equity Market ETF Company Profile
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.