Short Interest in Dimensional Global Credit ETF (NASDAQ:DGCB) Declines By 53.9%

Dimensional Global Credit ETF (NASDAQ:DGCB) saw a significant decline in short interest in August. As of August 31st, there was short interest totaling 27,514 shares, a decline of 53.9% from the August 15th total of 59,738 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 88,630 shares, the short-interest ratio is currently 0.3 days.

Institutional Trading of Dimensional Global Credit ETF

Hedge funds have recently bought and sold shares of the business. Topsail Wealth Management LLC purchased a new position in shares of Dimensional Global Credit ETF in the 1st quarter worth about $55,000. Fifth Third Bancorp purchased a new position in shares of Dimensional Global Credit ETF in the first quarter valued at $86,000. Ascentis Independent Advisors purchased a new position in Dimensional Global Credit ETF during the 1st quarter valued at about $144,000. Austin Asset Management Co Inc purchased a new position in Dimensional Global Credit ETF during the first quarter valued at approximately $213,000. Finally, Gradient Capital Advisors LLC bought a new position in shares of Dimensional Global Credit ETF in the fourth quarter worth $269,000.

Dimensional Global Credit ETF Stock Performance

Shares of Dimensional Global Credit ETF stock traded up $0.01 on Tuesday, hitting $52.38. The company had a trading volume of 85,118 shares, compared to its average volume of 96,464. The stock has a 50 day moving average of $53.38 and a 200-day moving average of $54.13. Dimensional Global Credit ETF has a 1 year low of $52.27 and a 1 year high of $56.03.

About Dimensional Global Credit ETF

The Dimensional Global Credit ETF (DGCB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in a broad portfolio of debt securities of any credit quality that are maturing within 20 years. The fund aims to maximize total returns, while optimizing overall gains DGCB was launched on Nov 7, 2023 and is issued by Dimensional.