Short Interest in Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS) Declines By 24.3%

Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS) saw a significant decline in short interest in the month of March. As of March 31st, there was short interest totaling 136,317 shares, a decline of 24.3% from the March 15th total of 179,970 shares. Based on an average daily trading volume, of 640,687 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the company’s shares are short sold.

Dimensional U.S. Small Cap ETF Price Performance

DFAS stock opened at $75.33 on Wednesday. Dimensional U.S. Small Cap ETF has a 1 year low of $53.94 and a 1 year high of $77.04. The firm has a 50-day moving average of $73.30 and a 200 day moving average of $71.26. The company has a market cap of $13.58 billion, a P/E ratio of 15.89 and a beta of 1.05.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in DFAS. AQR Capital Management LLC grew its stake in Dimensional U.S. Small Cap ETF by 30.3% in the first quarter. AQR Capital Management LLC now owns 35,688 shares of the company’s stock worth $2,132,000 after purchasing an additional 8,299 shares during the period. Jane Street Group LLC bought a new stake in shares of Dimensional U.S. Small Cap ETF during the 1st quarter valued at $4,677,000. Russell Investments Group Ltd. purchased a new stake in shares of Dimensional U.S. Small Cap ETF in the 2nd quarter worth about $58,000. Sei Investments Co. purchased a new position in Dimensional U.S. Small Cap ETF during the 2nd quarter valued at about $1,596,000. Finally, Quantinno Capital Management LP boosted its stake in Dimensional U.S. Small Cap ETF by 80.3% during the second quarter. Quantinno Capital Management LP now owns 39,665 shares of the company’s stock worth $2,527,000 after acquiring an additional 17,669 shares in the last quarter.

About Dimensional U.S. Small Cap ETF

The Dimensional U.S. Small Cap ETF (DFAS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund actively invests in small-cap US companies, selected using multiple factors and weighted by market capitalization. DFAS was launched on Dec 15, 1998 and is managed by Dimensional.