Dimensional California Municipal Bond ETF (NYSEARCA:DFCA) Short Interest Up 87.2% in April

Dimensional California Municipal Bond ETF (NYSEARCA:DFCA) saw 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 days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the company’s shares are sold short.

Institutional Trading of Dimensional California Municipal Bond ETF

Several hedge funds have recently made changes to their positions in the business. Parallel Advisors LLC lifted its position in shares of Dimensional California Municipal Bond ETF by 103.2% during the first quarter. Parallel Advisors LLC now owns 19,157 shares of the company’s stock worth $955,000 after purchasing an additional 9,729 shares in the last quarter. Independent Financial Group LLC acquired a new stake in shares of Dimensional California Municipal Bond ETF during the first quarter worth about $259,000. V2 Financial group LLC acquired a new stake in shares of Dimensional California Municipal Bond ETF during the first quarter worth about $496,000. Signature Resources Capital Management LLC lifted its position in shares of Dimensional California Municipal Bond ETF by 7.6% during the first quarter. Signature Resources Capital Management LLC now owns 111,994 shares of the company’s stock worth $5,583,000 after purchasing an additional 7,956 shares in the last quarter. Finally, Lodestar Private Asset Management LLC lifted its position in shares of Dimensional California Municipal Bond ETF by 3.3% during the first quarter. Lodestar Private Asset Management LLC now owns 22,852 shares of the company’s stock worth $1,139,000 after purchasing an additional 728 shares in the last quarter.

Dimensional California Municipal Bond ETF Trading Up 0.0%

NYSEARCA DFCA traded up $0.01 during trading hours on Monday, reaching $49.85. The company had a trading volume of 97,346 shares, compared to its average volume of 59,681. The stock has a 50-day moving average of $50.08 and a 200 day moving average of $50.21. Dimensional California Municipal Bond ETF has a 1-year low of $48.93 and a 1-year high of $50.78.

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.