Short Interest in Dimensional California Municipal Bond ETF (NYSEARCA:DFCA) Increases By 180.3%

Dimensional California Municipal Bond ETF (NYSEARCA:DFCA) was the target of a significant increase in short interest in May. As of May 15th, there was short interest totaling 51,537 shares, an increase of 180.3% from the April 30th total of 18,385 shares. Approximately 0.4% of the company’s stock are sold short. Based on an average trading volume of 75,957 shares, the short-interest ratio is presently 0.7 days.

Hedge Funds Weigh In On Dimensional California Municipal Bond ETF

Several large investors have recently bought and sold shares of the business. Parallel Advisors LLC increased its holdings in Dimensional California Municipal Bond ETF by 103.2% in the first quarter. Parallel Advisors LLC now owns 19,157 shares of the company’s stock valued at $955,000 after buying an additional 9,729 shares during the last quarter. Independent Financial Group LLC purchased a new position in Dimensional California Municipal Bond ETF in the first quarter valued at $259,000. V2 Financial group LLC purchased a new position in Dimensional California Municipal Bond ETF in the first quarter valued at $496,000. Signature Resources Capital Management LLC increased its holdings in Dimensional California Municipal Bond ETF by 7.6% in the first quarter. Signature Resources Capital Management LLC now owns 111,994 shares of the company’s stock valued at $5,583,000 after buying an additional 7,956 shares during the last quarter. Finally, Lodestar Private Asset Management LLC increased its holdings in Dimensional California Municipal Bond ETF by 3.3% in the first quarter. Lodestar Private Asset Management LLC now owns 22,852 shares of the company’s stock valued at $1,139,000 after buying an additional 728 shares during the last quarter.

Dimensional California Municipal Bond ETF Stock Performance

NYSEARCA:DFCA traded up $0.08 during trading hours on Friday, hitting $50.05. The company’s stock had a trading volume of 56,419 shares, compared to its average volume of 61,524. The stock has a fifty day moving average of $49.99 and a 200-day moving average of $50.19. Dimensional California Municipal Bond ETF has a 52-week low of $48.93 and a 52-week high of $50.78.

Dimensional California Municipal Bond ETF Company Profile

The Dimensional California Municipal Bond ETF (DFCA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that targets investment grade municipal securities that are exempt from federal and California state income tax. These securities have intermediate-term maturities in nature. DFCA was launched on Jun 26, 2023 and is managed by Dimensional.