American Century California Municipal Bond ETF (NYSEARCA:CATF) Sees Large Growth in Short Interest

American Century California Municipal Bond ETF (NYSEARCA:CATF) saw a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 5,000 shares, an increase of 509.0% from the February 12th total of 821 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average trading volume of 11,324 shares, the short-interest ratio is currently 0.4 days. Based on an average trading volume of 11,324 shares, the short-interest ratio is currently 0.4 days. Currently, 0.4% of the shares of the stock are sold short.

Institutional Trading of American Century California Municipal Bond ETF

Several large investors have recently added to or reduced their stakes in CATF. Miracle Mile Advisors LLC acquired a new stake in shares of American Century California Municipal Bond ETF in the 3rd quarter worth $18,395,000. Weaver Consulting Group raised its holdings in shares of American Century California Municipal Bond ETF by 6.3% during the 2nd quarter. Weaver Consulting Group now owns 38,950 shares of the company’s stock worth $1,893,000 after acquiring an additional 2,300 shares during the period. Wealthgarden F.S. LLC boosted its position in shares of American Century California Municipal Bond ETF by 87.9% during the 4th quarter. Wealthgarden F.S. LLC now owns 12,661 shares of the company’s stock valued at $639,000 after acquiring an additional 5,922 shares during the last quarter. Jane Street Group LLC purchased a new stake in shares of American Century California Municipal Bond ETF in the second quarter valued at about $585,000. Finally, Mariner LLC purchased a new stake in shares of American Century California Municipal Bond ETF in the fourth quarter valued at about $368,000.

American Century California Municipal Bond ETF Trading Down 0.1%

CATF traded down $0.04 during trading on Tuesday, reaching $50.37. The company’s stock had a trading volume of 1,777 shares, compared to its average volume of 7,202. The firm has a fifty day simple moving average of $50.52 and a two-hundred day simple moving average of $50.11. American Century California Municipal Bond ETF has a 1 year low of $46.96 and a 1 year high of $51.09.

American Century California Municipal Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, February 9th. Investors of record on Thursday, February 5th were given a dividend of $0.184 per share. The ex-dividend date was Thursday, February 5th. This is a positive change from American Century California Municipal Bond ETF’s previous monthly dividend of $0.14. This represents a c) dividend on an annualized basis and a yield of 4.4%.

American Century California Municipal Bond ETF Company Profile

The American Century California Municipal Bond ETF (CATF) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that mainly invests in municipal securities of any maturity, with interest income that are exempt from federal and California state income tax. CATF was launched on Jul 16, 2024 and is issued by American Century Investments.