American Century California Municipal Bond ETF (NYSEARCA:CATF) Short Interest Down 44.2% in January

American Century California Municipal Bond ETF (NYSEARCA:CATF) was the recipient of a significant decrease in short interest during the month of January. As of January 30th, there was short interest totaling 4,709 shares, a decrease of 44.2% from the January 15th total of 8,438 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 4,815 shares, the days-to-cover ratio is presently 1.0 days. Based on an average daily trading volume, of 4,815 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.4% of the shares of the stock are sold short.

American Century California Municipal Bond ETF Price Performance

CATF traded up $0.01 during midday trading on Friday, reaching $50.72. 1,461 shares of the company were exchanged, compared to its average volume of 4,212. The stock’s 50-day simple moving average is $50.28 and its 200 day simple moving average is $49.83. American Century California Municipal Bond ETF has a one year low of $46.96 and a one year high of $50.86.

American Century California Municipal Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, February 9th. Investors of record on Thursday, February 5th were paid a $0.184 dividend. This is a boost from American Century California Municipal Bond ETF’s previous monthly dividend of $0.14. The ex-dividend date was Thursday, February 5th. This represents a c) dividend on an annualized basis and a yield of 4.4%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in CATF. Kestra Advisory Services LLC bought a new stake in shares of American Century California Municipal Bond ETF in the fourth quarter worth $123,000. Wealthgarden F.S. LLC raised its position in American Century California Municipal Bond ETF by 87.9% in the fourth quarter. Wealthgarden F.S. LLC now owns 12,661 shares of the company’s stock worth $639,000 after acquiring an additional 5,922 shares during the period. Weaver Consulting Group raised its stake in American Century California Municipal Bond ETF by 23.0% in the 4th quarter. Weaver Consulting Group now owns 49,929 shares of the company’s stock valued at $2,497,000 after acquiring an additional 9,349 shares during the period. Composition Wealth LLC grew its holdings in American Century California Municipal Bond ETF by 2.0% during the 4th quarter. Composition Wealth LLC now owns 376,469 shares of the company’s stock valued at $18,827,000 after buying an additional 7,203 shares in the last quarter. Finally, San Luis Wealth Advisors LLC raised its holdings in shares of American Century California Municipal Bond ETF by 7.0% in the 4th quarter. San Luis Wealth Advisors LLC now owns 143,117 shares of the company’s stock valued at $7,157,000 after acquiring an additional 9,331 shares in the last quarter.

American Century California Municipal Bond ETF Company Profile

The American Century California Municipal Bond ETF (CATF) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that mainly invests in municipal securities of any maturity, with interest income that are exempt from federal and California state income tax. CATF was launched on Jul 16, 2024 and is issued by American Century Investments.