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

Dimensional California Municipal Bond ETF (NYSEARCA:DFCA) was the target of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 65,164 shares, an increase of 405.7% from the August 15th total of 12,885 shares. Approximately 0.5% of the shares of the company are sold short. Based on an average daily volume of 66,724 shares, the days-to-cover ratio is presently 1.0 days.

Institutional Trading of Dimensional California Municipal Bond ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. 3 Factor Indexing LLC purchased a new position in shares of Dimensional California Municipal Bond ETF during the 2nd quarter worth $170,000. Shearwater Capital LLC increased its stake in shares of Dimensional California Municipal Bond ETF by 12.5% in the 2nd quarter. Shearwater Capital LLC now owns 4,709 shares of the company’s stock worth $236,000 after purchasing an additional 523 shares in the last quarter. Goldman Sachs Group Inc. purchased a new stake in shares of Dimensional California Municipal Bond ETF in the 4th quarter worth $251,000. Independent Financial Group LLC bought a new position in Dimensional California Municipal Bond ETF in the 1st quarter worth $259,000. Finally, Corient Private Wealth LLC purchased a new position in Dimensional California Municipal Bond ETF during the fourth quarter valued at $261,000.

Dimensional California Municipal Bond ETF Price Performance

Shares of NYSEARCA DFCA traded up $0.09 during midday trading on Friday, hitting $48.80. 897,724 shares of the company’s stock traded hands, compared to its average volume of 69,819. The firm has a fifty day moving average of $49.58 and a 200 day moving average of $49.94. Dimensional California Municipal Bond ETF has a 1 year low of $48.66 and a 1 year 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.