American Century California Municipal Bond ETF (NYSEARCA:CATF) Shares Shorted: Short Interest Up 177.4% in October

American Century California Municipal Bond ETF (NYSEARCA:CATF) was the target of a significant increase in short interest in October. As of October 15th, there was short interest totaling 60,947 shares, an increase of 177.4% from the September 30th total of 21,972 shares. Currently, 2.0% of the company’s stock are sold short. Based on an average daily volume of 30,553 shares, the short-interest ratio is currently 2.0 days.

Hedge Funds Weigh In On American Century California Municipal Bond ETF

Hedge funds have recently made changes to their positions in the company. Clifford Swan Investment Counsel LLC acquired a new stake in shares of American Century California Municipal Bond ETF during the first quarter worth about $274,000. Envestnet Asset Management Inc. raised its position in shares of American Century California Municipal Bond ETF by 39.6% in the second quarter. Envestnet Asset Management Inc. now owns 5,726 shares of the company’s stock worth $288,000 after acquiring an additional 1,624 shares during the period. Hennion & Walsh Asset Management Inc. purchased a new stake in shares of American Century California Municipal Bond ETF during the 2nd quarter worth about $509,000. Wealthgarden F.S. LLC boosted its stake in shares of American Century California Municipal Bond ETF by 19.0% during the 1st quarter. Wealthgarden F.S. LLC now owns 15,069 shares of the company’s stock worth $751,000 after acquiring an additional 2,408 shares in the last quarter. Finally, Ehrlich Financial Group increased its stake 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 valued at $1,075,000 after purchasing an additional 7,017 shares in the last quarter.

American Century California Municipal Bond ETF Stock Up 0.3%

CATF stock traded up $0.16 on Friday, hitting $48.82. 77,680 shares of the company’s stock were exchanged, compared to its average volume of 15,384. The firm has a 50 day moving average price of $48.25 and a two-hundred day moving average price of $49.67. American Century California Municipal Bond ETF has a 12-month low of $46.75 and a 12-month high of $51.09.

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.