American Century California Municipal Bond ETF (NYSEARCA:CATF) Sees Significant Decrease in Short Interest

American Century California Municipal Bond ETF (NYSEARCA:CATF) was the recipient of a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 9,668 shares, a drop of 32.6% from the August 15th total of 14,347 shares. Based on an average daily trading volume, of 6,268 shares, the short-interest ratio is currently 1.5 days. Approximately 0.6% of the company’s shares are short sold.

Institutional Investors Weigh In On American Century California Municipal Bond ETF

Institutional investors have recently bought and sold shares of the stock. Clifford Swan Investment Counsel LLC acquired a new position in shares of American Century California Municipal Bond ETF in the 1st quarter valued at $274,000. Hennion & Walsh Asset Management Inc. acquired a new stake in shares of American Century California Municipal Bond ETF during the 2nd quarter worth $509,000. Wealthgarden F.S. LLC increased its holdings 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 worth $639,000 after buying an additional 5,922 shares during the last quarter. Ehrlich Financial Group raised its position in shares of American Century California Municipal Bond ETF by 48.8% in the 2nd quarter. Ehrlich Financial Group now owns 21,389 shares of the company’s stock worth $1,075,000 after buying an additional 7,017 shares during the period. Finally, Ballast Rock Private Wealth LLC purchased a new position in shares of American Century California Municipal Bond ETF in the 1st quarter worth $1,974,000.

American Century California Municipal Bond ETF Stock Up 0.5%

NYSEARCA CATF opened at $48.37 on Friday. American Century California Municipal Bond ETF has a 12 month low of $47.85 and a 12 month high of $51.09. The company has a 50-day moving average of $49.31 and a 200-day moving average of $49.86.

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.