Dimensional Global Credit ETF (NASDAQ:DGCB) Short Interest Up 73.8% in March

Dimensional Global Credit ETF (NASDAQ:DGCB) was the target of a large increase in short interest during the month of March. As of March 13th, there was short interest totaling 36,855 shares, an increase of 73.8% from the February 26th total of 21,205 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily volume of 74,556 shares, the short-interest ratio is currently 0.5 days.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Nalls Sherbakoff Group LLC purchased a new stake in Dimensional Global Credit ETF during the fourth quarter worth approximately $512,000. Axxcess Wealth Management LLC purchased a new position in Dimensional Global Credit ETF in the fourth quarter valued at approximately $1,068,000. Beacon Pointe Advisors LLC increased its stake in Dimensional Global Credit ETF by 11.9% in the fourth quarter. Beacon Pointe Advisors LLC now owns 9,564 shares of the company’s stock valued at $519,000 after purchasing an additional 1,019 shares during the last quarter. GeoWealth Management LLC raised its holdings in Dimensional Global Credit ETF by 6.8% during the fourth quarter. GeoWealth Management LLC now owns 16,739 shares of the company’s stock worth $908,000 after purchasing an additional 1,067 shares in the last quarter. Finally, Osaic Holdings Inc. raised its holdings in Dimensional Global Credit ETF by 21.0% during the fourth quarter. Osaic Holdings Inc. now owns 43,395 shares of the company’s stock worth $2,354,000 after purchasing an additional 7,518 shares in the last quarter.

Dimensional Global Credit ETF Stock Performance

NASDAQ:DGCB traded down $0.09 during trading hours on Friday, hitting $53.56. The company’s stock had a trading volume of 61,945 shares, compared to its average volume of 73,338. Dimensional Global Credit ETF has a 52-week low of $51.29 and a 52-week high of $56.03. The stock has a fifty day moving average of $54.61 and a 200-day moving average of $54.89.

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.