Dimensional Global Core Plus Fixed Income ETF (NASDAQ:DFGP) Stock Short Interest Jumps 369.3%

Dimensional Global Core Plus Fixed Income ETF (NASDAQ:DFGP) was the recipient of a large increase in short interest in September. As of September 30th, there was short interest totaling 207,979 shares, an increase of 369.3% from the September 15th total of 44,314 shares. Based on an average daily volume of 395,176 shares, the short-interest ratio is presently 0.5 days. Currently, 0.3% of the shares of the stock are sold short.

Dimensional Global Core Plus Fixed Income ETF Stock Performance

DFGP stock traded up $0.04 during mid-day trading on Friday, reaching $52.23. 296,809 shares of the company’s stock were exchanged, compared to its average volume of 287,198. The stock’s 50 day moving average is $52.91 and its 200 day moving average is $53.77. Dimensional Global Core Plus Fixed Income ETF has a 12-month low of $51.78 and a 12-month high of $56.17.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Fifth Third Bancorp purchased a new position in shares of Dimensional Global Core Plus Fixed Income ETF during the 1st quarter valued at approximately $29,000. Root Financial Partners LLC grew its stake in Dimensional Global Core Plus Fixed Income ETF by 113.6% in the 1st quarter. Root Financial Partners LLC now owns 1,034 shares of the company’s stock valued at $56,000 after acquiring an additional 550 shares during the period. Ascentis Independent Advisors purchased a new stake in Dimensional Global Core Plus Fixed Income ETF in the 1st quarter worth $68,000. Assetmark Inc. purchased a new stake in Dimensional Global Core Plus Fixed Income ETF in the 1st quarter worth $97,000. Finally, BankChampaign National Association purchased a new stake in Dimensional Global Core Plus Fixed Income ETF in the 1st quarter worth $188,000.

About Dimensional Global Core Plus Fixed Income ETF

The Dimensional Global Core Plus Fixed Income ETF (DFGP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking to maximize total returns through investments in the global fixed income space. Holdings include debt securities of any credit quality and maturity within 20 years. DFGP was launched on Nov 7, 2023 and is issued by Dimensional.