Short Interest in Ultra-Short Fixed Income ETF (NYSEARCA:DUSB) Grows By 711.7%

Ultra-Short Fixed Income ETF (NYSEARCA:DUSB) was the target of a significant growth in short interest in June. As of June 15th, there was short interest totaling 32,875 shares, a growth of 711.7% from the May 31st total of 4,050 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 292,775 shares, the days-to-cover ratio is presently 0.1 days.

Ultra-Short Fixed Income ETF Stock Up 0.1%

Shares of NYSEARCA DUSB opened at $50.76 on Friday. The business has a fifty day moving average price of $50.80 and a two-hundred day moving average price of $50.76. Ultra-Short Fixed Income ETF has a fifty-two week low of $50.55 and a fifty-two week high of $50.91.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. McIlrath & Eck LLC raised 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 valued at $3,041,000 after purchasing an additional 20,532 shares in the last quarter. Broadhurst Jeffrey B acquired a new stake in Ultra-Short Fixed Income ETF during the first quarter worth about $1,998,000. Torren Management LLC increased its holdings 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 valued at $5,997,000 after buying an additional 71,797 shares during the period. Root Financial Partners LLC lifted its holdings 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 worth $76,794,000 after acquiring an additional 229,096 shares during the period. Finally, Lam Group Inc. bought a new stake in shares of Ultra-Short Fixed Income ETF during the 1st quarter worth approximately $42,000.

Ultra-Short Fixed Income ETF Company Profile

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.