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

Ultra-Short Fixed Income ETF (NYSEARCA:DUSB) was the recipient of a large drop in short interest during the month of 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. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 592,967 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Trading of Ultra-Short Fixed Income ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in DUSB. Root Financial Partners LLC raised its position in shares of Ultra-Short Fixed Income ETF by 34.5% during the 4th quarter. Root Financial Partners LLC now owns 1,285,274 shares of the company’s stock worth $65,099,000 after buying an additional 329,494 shares in the last quarter. Torren Management LLC raised its position in shares of Ultra-Short Fixed Income ETF by 154.5% during the 1st quarter. Torren Management LLC now owns 118,270 shares of the company’s stock worth $5,997,000 after buying an additional 71,797 shares in the last quarter. Farther Finance Advisors LLC raised its position in shares of Ultra-Short Fixed Income ETF by 419.5% during the 4th quarter. Farther Finance Advisors LLC now owns 51,674 shares of the company’s stock worth $2,617,000 after buying an additional 41,727 shares in the last quarter. Broadhurst Jeffrey B bought a new stake in shares of Ultra-Short Fixed Income ETF during the 1st quarter worth about $1,998,000. Finally, Financial Symmetry Inc raised its position in shares of Ultra-Short Fixed Income ETF by 36.1% during the 4th quarter. Financial Symmetry Inc now owns 147,918 shares of the company’s stock worth $7,492,000 after buying an additional 39,251 shares in the last quarter.

Ultra-Short Fixed Income ETF Stock Up 0.0%

Shares of DUSB stock traded up $0.01 during midday trading on Tuesday, reaching $50.81. 235,667 shares of the company were exchanged, compared to its average volume of 283,113. Ultra-Short Fixed Income ETF has a 12 month low of $50.55 and a 12 month high of $50.90. The company’s 50 day moving average price is $50.78 and its two-hundred day moving average price is $50.75.

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.