Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) Short Interest Update

Dimensional National Municipal Bond ETF (NYSEARCA:DFNM) was the target of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 127,357 shares, a growth of 212.7% from the August 15th total of 40,727 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average daily volume of 220,361 shares, the short-interest ratio is currently 0.6 days.

Dimensional National Municipal Bond ETF Price Performance

Shares of Dimensional National Municipal Bond ETF stock traded up $0.06 during trading on Friday, hitting $46.93. The stock had a trading volume of 399,830 shares, compared to its average volume of 179,679. The firm’s fifty day simple moving average is $47.72 and its 200-day simple moving average is $48.08. Dimensional National Municipal Bond ETF has a 12 month low of $46.83 and a 12 month high of $48.87.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the business. Focus Partners Wealth raised its holdings in shares of Dimensional National Municipal Bond ETF by 42.5% in the fourth quarter. Focus Partners Wealth now owns 3,662,918 shares of the company’s stock worth $176,443,000 after buying an additional 1,093,169 shares during the period. Truepoint Inc. boosted its holdings in Dimensional National Municipal Bond ETF by 4.0% during the 4th quarter. Truepoint Inc. now owns 2,974,080 shares of the company’s stock valued at $143,261,000 after acquiring an additional 114,271 shares during the period. Apella Capital LLC boosted its holdings in Dimensional National Municipal Bond ETF by 20.5% during the 2nd quarter. Apella Capital LLC now owns 1,590,906 shares of the company’s stock valued at $76,814,000 after acquiring an additional 270,730 shares during the period. Foster Group Inc. grew its position in Dimensional National Municipal Bond ETF by 1.6% in the 2nd quarter. Foster Group Inc. now owns 1,483,405 shares of the company’s stock valued at $71,700,000 after acquiring an additional 23,179 shares during the last quarter. Finally, Sequoia Financial Advisors LLC grew its position in Dimensional National Municipal Bond ETF by 1.8% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 896,162 shares of the company’s stock valued at $43,316,000 after acquiring an additional 16,137 shares during the last quarter.

Dimensional National Municipal Bond ETF Company Profile

The Dimensional National Municipal Bond ETF (DFNM) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed ETF that provides exposure to intermediate-term, investment-grade municipal bonds that are exempt from federal income tax. DFNM was launched on Dec 15, 2021 and is managed by Dimensional.