Ultra-Short Fixed Income ETF (NYSEARCA:DUSB) Sees Significant Drop in Short Interest

Ultra-Short Fixed Income ETF (NYSEARCA:DUSB) was the target of a significant drop in short interest in May. As of May 29th, there was short interest totaling 4,050 shares, a drop of 97.8% from the May 14th total of 187,560 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 592,967 shares, the short-interest ratio is presently 0.0 days.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Cary Street Partners Financial LLC increased its position in shares of Ultra-Short Fixed Income ETF by 1.3% in the third quarter. Cary Street Partners Financial LLC now owns 30,086 shares of the company’s stock worth $1,528,000 after acquiring an additional 375 shares in the last quarter. Cary Street Partners Investment Advisory LLC purchased a new position in shares of Ultra-Short Fixed Income ETF in the fourth quarter worth approximately $25,000. VSM Wealth Advisory LLC increased its position in shares of Ultra-Short Fixed Income ETF by 13.3% in the third quarter. VSM Wealth Advisory LLC now owns 5,487 shares of the company’s stock worth $279,000 after acquiring an additional 646 shares in the last quarter. Lam Group Inc. purchased a new position in shares of Ultra-Short Fixed Income ETF in the first quarter worth approximately $42,000. Finally, Curio Wealth LLC increased its position in shares of Ultra-Short Fixed Income ETF by 18.0% in the fourth quarter. Curio Wealth LLC now owns 12,144 shares of the company’s stock worth $615,000 after acquiring an additional 1,856 shares in the last quarter.

Ultra-Short Fixed Income ETF Stock Performance

Shares of Ultra-Short Fixed Income ETF stock traded up $0.01 during trading on Tuesday, hitting $50.81. The stock had a trading volume of 235,667 shares, compared to its average volume of 283,113. The stock has a 50 day simple moving average of $50.78 and a 200 day simple moving average of $50.75. Ultra-Short Fixed Income ETF has a 1 year low of $50.55 and a 1 year high of $50.90.

About Ultra-Short Fixed Income ETF

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.