Short Interest in Ultra-Short Fixed Income ETF (NYSEARCA:DUSB) Rises By 711.7%

Ultra-Short Fixed Income ETF (NYSEARCA:DUSB) was the target of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 32,875 shares, a growth of 711.7% from the May 31st total of 4,050 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 292,775 shares, the short-interest ratio is presently 0.1 days.

Ultra-Short Fixed Income ETF Stock Up 0.0%

DUSB stock opened at $50.77 on Friday. Ultra-Short Fixed Income ETF has a one year low of $50.55 and a one year high of $50.91. The firm’s 50 day moving average price is $50.80 and its 200-day moving average price is $50.76.

Institutional Investors Weigh In On Ultra-Short Fixed Income ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in DUSB. Root Financial Partners LLC grew its holdings in shares of Ultra-Short Fixed Income ETF by 34.5% during the 4th quarter. Root Financial Partners LLC now owns 1,285,274 shares of the company’s stock worth $65,099,000 after purchasing an additional 329,494 shares during the period. Torren Management LLC raised its holdings in Ultra-Short Fixed Income ETF by 154.5% in the 1st quarter. Torren Management LLC now owns 118,270 shares of the company’s stock valued at $5,997,000 after buying an additional 71,797 shares during the period. Farther Finance Advisors LLC raised its holdings in Ultra-Short Fixed Income ETF by 419.5% in the 4th quarter. Farther Finance Advisors LLC now owns 51,674 shares of the company’s stock valued at $2,617,000 after buying an additional 41,727 shares during the period. Broadhurst Jeffrey B acquired a new position in Ultra-Short Fixed Income ETF in the first quarter valued at about $1,998,000. Finally, Financial Symmetry Inc lifted its position in Ultra-Short Fixed Income ETF by 36.1% in the fourth quarter. Financial Symmetry Inc now owns 147,918 shares of the company’s stock valued at $7,492,000 after buying an additional 39,251 shares during the last quarter.

About Ultra-Short Fixed Income ETF

The Dimensional Ultrashort Fixed Income ETF (DUSB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in a broad portfolio of US investment-grade securities. The fund targets a dollar weighted average portfolio maturity of less than one year DUSB was launched on Sep 26, 2023 and is issued by Dimensional.