Dimensional California Municipal Bond ETF (NYSEARCA:DFCA) Shares Shorted: Short Interest Up 1,276.7% in September

Dimensional California Municipal Bond ETF (NYSEARCA:DFCA) was the recipient of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 863,123 shares, an increase of 1,276.7% from the September 15th total of 62,693 shares. Currently, 7.4% of the shares of the company are sold short. Based on an average daily volume of 955,564 shares, the days-to-cover ratio is presently 0.9 days.

Dimensional California Municipal Bond ETF Stock Up 0.4%

Shares of NYSEARCA DFCA traded up $0.17 during mid-day trading on Friday, hitting $47.83. The company had a trading volume of 231,867 shares, compared to its average volume of 129,002. Dimensional California Municipal Bond ETF has a 12 month low of $47.30 and a 12 month high of $50.78. The business’s 50-day simple moving average is $48.85 and its 200-day simple moving average is $49.60.

Institutional Trading of Dimensional California Municipal Bond ETF

Large investors have recently bought and sold shares of the stock. Root Financial Partners LLC grew its stake in Dimensional California Municipal Bond ETF by 33.3% during the first quarter. Root Financial Partners LLC now owns 72,217 shares of the company’s stock worth $3,600,000 after buying an additional 18,046 shares during the last quarter. SB Capital Management Inc bought a new stake in shares of Dimensional California Municipal Bond ETF during the fourth quarter valued at approximately $737,000. marrick wealth LLC acquired a new stake in shares of Dimensional California Municipal Bond ETF in the fourth quarter valued at approximately $1,264,000. Citrine Capital LLC raised its position in Dimensional California Municipal Bond ETF by 34.7% in the 1st quarter. Citrine Capital LLC now owns 787,340 shares of the company’s stock worth $39,249,000 after purchasing an additional 202,677 shares during the last quarter. Finally, Apella Capital LLC raised its position in Dimensional California Municipal Bond ETF by 142.6% in the 3rd quarter. Apella Capital LLC now owns 25,666 shares of the company’s stock worth $1,223,000 after purchasing an additional 15,087 shares during the last quarter.

About Dimensional California Municipal Bond ETF

The Dimensional California Municipal Bond ETF (DFCA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that targets investment grade municipal securities that are exempt from federal and California state income tax. These securities have intermediate-term maturities in nature. DFCA was launched on Jun 26, 2023 and is managed by Dimensional.