American Century California Municipal Bond ETF (NYSEARCA:CATF) Short Interest Up 509.0% in February

American Century California Municipal Bond ETF (NYSEARCA:CATF) saw a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 5,000 shares, a growth of 509.0% from the February 12th total of 821 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average daily volume of 11,324 shares, the short-interest ratio is currently 0.4 days. Based on an average daily volume of 11,324 shares, the short-interest ratio is currently 0.4 days. Approximately 0.4% of the company’s stock are short sold.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Cooper Capital Advisors LLC grew its stake in shares of American Century California Municipal Bond ETF by 1.2% in the second quarter. Cooper Capital Advisors LLC now owns 17,037 shares of the company’s stock worth $828,000 after purchasing an additional 209 shares in the last quarter. Weaver Consulting Group raised its stake in shares of American Century California Municipal Bond ETF by 6.3% during the second quarter. Weaver Consulting Group now owns 38,950 shares of the company’s stock valued at $1,893,000 after purchasing an additional 2,300 shares in the last quarter. Jane Street Group LLC acquired a new stake in American Century California Municipal Bond ETF in the second quarter worth about $585,000. Ehrlich Financial Group grew its position in American Century California Municipal Bond ETF by 3.4% in the 3rd quarter. Ehrlich Financial Group now owns 11,662 shares of the company’s stock valued at $581,000 after buying an additional 381 shares in the last quarter. Finally, Miracle Mile Advisors LLC bought a new position in American Century California Municipal Bond ETF in the 3rd quarter valued at about $18,395,000.

American Century California Municipal Bond ETF Price Performance

Shares of CATF traded down $0.17 during midday trading on Thursday, hitting $50.10. The company had a trading volume of 3,852 shares, compared to its average volume of 7,018. The company’s 50 day moving average price is $50.52 and its 200 day moving average price is $50.12. American Century California Municipal Bond ETF has a 52 week low of $46.96 and a 52 week high of $51.09.

American Century California Municipal Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, February 9th. Stockholders of record on Thursday, February 5th were issued a dividend of $0.184 per share. This represents a c) annualized dividend and a dividend yield of 4.4%. This is a positive change from American Century California Municipal Bond ETF’s previous monthly dividend of $0.14. The ex-dividend date of this dividend was Thursday, February 5th.

American Century California Municipal Bond ETF Company Profile

The American Century California Municipal Bond ETF (CATF) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that mainly invests in municipal securities of any maturity, with interest income that are exempt from federal and California state income tax. CATF was launched on Jul 16, 2024 and is issued by American Century Investments.