Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) Shares Shorted: Short Interest Up 151.9% in September

Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) was the target of a large increase in short interest in September. As of September 30th, there was short interest totaling 11,035 shares, an increase of 151.9% from the September 15th total of 4,381 shares. Based on an average trading volume of 749,553 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Hedge Funds Weigh In On Dimensional National Municipal Bond ETF

A number of hedge funds have recently bought and sold shares of DFNM. Dopkins Wealth Management LLC boosted its holdings in Dimensional National Municipal Bond ETF by 9.4% in the 1st quarter. Dopkins Wealth Management LLC now owns 239,917 shares of the company’s stock worth $11,499,000 after buying an additional 20,573 shares during the last quarter. Andrews Lucia Wealth Management LLC purchased a new stake in Dimensional National Municipal Bond ETF during the 2nd quarter worth approximately $521,000. Evanson Financial LLC purchased a new stake in Dimensional National Municipal Bond ETF during the 2nd quarter worth approximately $1,694,000. 55 North Private Wealth LLC raised its holdings in shares of Dimensional National Municipal Bond ETF by 78.4% during the second quarter. 55 North Private Wealth LLC now owns 211,718 shares of the company’s stock valued at $10,233,000 after acquiring an additional 93,013 shares during the last quarter. Finally, Kestra Advisory Services LLC raised its holdings in shares of Dimensional National Municipal Bond ETF by 63.3% during the first quarter. Kestra Advisory Services LLC now owns 47,736 shares of the company’s stock valued at $2,288,000 after acquiring an additional 18,501 shares during the last quarter.

Dimensional National Municipal Bond ETF Price Performance

Shares of NYSEARCA:DFNM traded up $0.01 during trading on Monday, reaching $46.22. 555,452 shares of the company’s stock traded hands, compared to its average volume of 248,937. Dimensional National Municipal Bond ETF has a fifty-two week low of $45.70 and a fifty-two week high of $48.87. The company has a 50-day simple moving average of $47.06 and a 200-day simple moving average of $47.77.

Dimensional National Municipal Bond ETF Company Profile

The Dimensional National Municipal Bond ETF (DFNM) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed ETF that provides exposure to intermediate-term, investment-grade municipal bonds that are exempt from federal income tax. DFNM was launched on Dec 15, 2021 and is managed by Dimensional.