Ultra-Short Fixed Income ETF (NYSEARCA:DUSB) Short Interest Up 93.2% in August

Ultra-Short Fixed Income ETF (NYSEARCA:DUSB) was the recipient of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 57,950 shares, a growth of 93.2% from the August 15th total of 29,997 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 243,651 shares, the short-interest ratio is presently 0.2 days.

Ultra-Short Fixed Income ETF Stock Performance

Shares of Ultra-Short Fixed Income ETF stock traded up $0.04 on Thursday, hitting $50.71. 106,555 shares of the company traded hands, compared to its average volume of 280,382. Ultra-Short Fixed Income ETF has a 12-month low of $50.55 and a 12-month high of $50.91. The firm’s 50-day simple moving average is $50.76 and its 200 day simple moving average is $50.77.

Institutional Investors Weigh In On Ultra-Short Fixed Income ETF

Several hedge funds have recently added to or reduced their stakes in the company. Root Financial Partners LLC increased its position in shares of Ultra-Short Fixed Income ETF by 17.8% during the 1st quarter. Root Financial Partners LLC now owns 1,514,370 shares of the company’s stock valued at $76,794,000 after purchasing an additional 229,096 shares during the last quarter. Torren Management LLC lifted its position 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 worth $5,997,000 after buying an additional 71,797 shares during the last quarter. McIlrath & Eck LLC boosted its stake in Ultra-Short Fixed Income ETF by 52.1% in the first quarter. McIlrath & Eck LLC now owns 59,961 shares of the company’s stock worth $3,041,000 after buying an additional 20,532 shares in the last quarter. Studio Investment Management LLC boosted its stake in Ultra-Short Fixed Income ETF by 37.4% in the second quarter. Studio Investment Management LLC now owns 55,972 shares of the company’s stock worth $2,842,000 after buying an additional 15,235 shares in the last quarter. Finally, Broadhurst Jeffrey B bought a new position in Ultra-Short Fixed Income ETF during the first quarter valued at approximately $1,998,000.

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.