Dimensional California Municipal Bond ETF (NYSEARCA:DFCA) Short Interest Update

Dimensional California Municipal Bond ETF (NYSEARCA:DFCA) was the target of a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 18,385 shares, a growth of 87.2% from the April 15th total of 9,820 shares. Based on an average daily trading volume, of 53,568 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the company’s shares are sold short.

Dimensional California Municipal Bond ETF Price Performance

NYSEARCA DFCA traded down $0.18 during mid-day trading on Tuesday, reaching $49.67. 54,403 shares of the stock were exchanged, compared to its average volume of 59,606. Dimensional California Municipal Bond ETF has a one year low of $48.93 and a one year high of $50.78. The stock has a 50 day simple moving average of $50.08 and a 200-day simple moving average of $50.21.

Hedge Funds Weigh In On Dimensional California Municipal Bond ETF

Hedge funds have recently bought and sold shares of the company. Goldman Sachs Group Inc. bought a new stake in Dimensional California Municipal Bond ETF in the fourth quarter valued at $251,000. Independent Financial Group LLC acquired a new stake in shares of Dimensional California Municipal Bond ETF in the 1st quarter valued at about $259,000. Corient Private Wealth LLC acquired a new stake in shares of Dimensional California Municipal Bond ETF in the 4th quarter valued at about $261,000. Shore Point Advisors LLC acquired a new stake in shares of Dimensional California Municipal Bond ETF in the 4th quarter valued at about $276,000. Finally, Johnson Wealth Management LLC acquired a new stake in shares of Dimensional California Municipal Bond ETF in the 4th quarter valued at about $293,000.

About Dimensional California Municipal Bond ETF

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.