Dimensional Global Credit ETF (NASDAQ:DGCB) Short Interest Down 53.9% in August

Dimensional Global Credit ETF (NASDAQ:DGCB) was the recipient of a large decrease in short interest in August. As of August 31st, there was short interest totaling 27,514 shares, a decrease of 53.9% from the August 15th total of 59,738 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 88,630 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Integrated Wealth Concepts LLC lifted its position in Dimensional Global Credit ETF by 3.7% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 175,340 shares of the company’s stock worth $9,586,000 after buying an additional 6,232 shares in the last quarter. RFG Advisory LLC increased its stake in shares of Dimensional Global Credit ETF by 4.9% in the second quarter. RFG Advisory LLC now owns 285,441 shares of the company’s stock worth $15,605,000 after acquiring an additional 13,448 shares during the last quarter. NewEdge Advisors LLC increased its stake in shares of Dimensional Global Credit ETF by 6.3% in the second quarter. NewEdge Advisors LLC now owns 199,814 shares of the company’s stock worth $10,924,000 after acquiring an additional 11,832 shares during the last quarter. Baird Financial Group Inc. purchased a new stake in shares of Dimensional Global Credit ETF during the second quarter worth $10,289,000. Finally, Allworth Financial LP raised its holdings in shares of Dimensional Global Credit ETF by 40.4% during the second quarter. Allworth Financial LP now owns 386,625 shares of the company’s stock worth $21,137,000 after acquiring an additional 111,202 shares in the last quarter.

Dimensional Global Credit ETF Price Performance

Shares of DGCB traded up $0.08 during trading hours on Wednesday, reaching $52.46. The company’s stock had a trading volume of 81,781 shares, compared to its average volume of 96,331. Dimensional Global Credit ETF has a 1-year low of $52.27 and a 1-year high of $56.03. The company has a 50 day moving average of $53.38 and a two-hundred day moving average of $54.13.

Dimensional Global Credit ETF Company Profile

The Dimensional Global Credit ETF (DGCB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in a broad portfolio of debt securities of any credit quality that are maturing within 20 years. The fund aims to maximize total returns, while optimizing overall gains DGCB was launched on Nov 7, 2023 and is issued by Dimensional.