Dimensional Global Credit ETF (NASDAQ:DGCB) Short Interest Up 123.2% in May

Dimensional Global Credit ETF (NASDAQ:DGCB) was the recipient of a significant increase in short interest in May. As of May 15th, there was short interest totaling 166,767 shares, an increase of 123.2% from the April 30th total of 74,725 shares. Approximately 0.9% of the company’s stock are sold short. Based on an average daily volume of 78,431 shares, the days-to-cover ratio is presently 2.1 days.

Institutional Trading of Dimensional Global Credit ETF

A number of hedge funds have recently made changes to their positions in the business. Clarity Capital Advisors LLC lifted its position in shares of Dimensional Global Credit ETF by 2.8% in the fourth quarter. Clarity Capital Advisors LLC now owns 6,616 shares of the company’s stock valued at $359,000 after buying an additional 183 shares during the last quarter. CWM LLC lifted its position in shares of Dimensional Global Credit ETF by 27.5% in the fourth quarter. CWM LLC now owns 988 shares of the company’s stock valued at $54,000 after buying an additional 213 shares during the last quarter. Silver Oak Securities Incorporated lifted its position in shares of Dimensional Global Credit ETF by 3.2% in the first quarter. Silver Oak Securities Incorporated now owns 8,507 shares of the company’s stock valued at $461,000 after buying an additional 261 shares during the last quarter. USAdvisors Wealth Management LLC lifted its position in shares of Dimensional Global Credit ETF by 4.1% in the fourth quarter. USAdvisors Wealth Management LLC now owns 6,857 shares of the company’s stock valued at $371,000 after buying an additional 267 shares during the last quarter. Finally, Excelsior Advisor Network LLC lifted its position in shares of Dimensional Global Credit ETF by 1.5% in the first quarter. Excelsior Advisor Network LLC now owns 25,250 shares of the company’s stock valued at $1,367,000 after buying an additional 378 shares during the last quarter.

Dimensional Global Credit ETF Stock Down 0.0%

DGCB stock traded down $0.02 during mid-day trading on Monday, reaching $54.77. The company had a trading volume of 134,587 shares, compared to its average volume of 79,948. The stock has a 50 day simple moving average of $54.41 and a two-hundred day simple moving average of $54.59. Dimensional Global Credit ETF has a 52 week low of $53.16 and a 52 week high of $56.03.

Dimensional Global Credit ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, May 21st. Shareholders of record on Tuesday, May 19th were paid a $0.2192 dividend. This represents a c) dividend on an annualized basis and a yield of 4.8%. The ex-dividend date was Tuesday, May 19th.

About Dimensional Global Credit ETF

The Dimensional Global Credit ETF (DGCB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in a broad portfolio of debt securities of any credit quality that are maturing within 20 years. The fund aims to maximize total returns, while optimizing overall gains DGCB was launched on Nov 7, 2023 and is issued by Dimensional.