Short Interest in Dimensional California Municipal Bond ETF (NYSEARCA:DFCA) Increases By 87.2%

Dimensional California Municipal Bond ETF (NYSEARCA:DFCA) was the recipient of a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 18,385 shares, a growth of 87.2% from the April 15th total of 9,820 shares. Based on an average daily volume of 53,568 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the shares of the stock are sold short.

Hedge Funds Weigh In On Dimensional California Municipal Bond ETF

Institutional investors have recently added to or reduced their stakes in the company. Mercer Global Advisors Inc. ADV raised its stake in shares of Dimensional California Municipal Bond ETF by 17.4% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 6,138,572 shares of the company’s stock worth $307,421,000 after acquiring an additional 910,153 shares during the last quarter. HighTower Advisors LLC raised its stake in shares of Dimensional California Municipal Bond ETF by 4.7% in the fourth quarter. HighTower Advisors LLC now owns 1,014,703 shares of the company’s stock worth $50,817,000 after acquiring an additional 45,281 shares during the last quarter. Citrine Capital LLC raised its stake in shares of Dimensional California Municipal Bond ETF by 34.7% in the first quarter. Citrine Capital LLC now owns 787,340 shares of the company’s stock worth $39,249,000 after acquiring an additional 202,677 shares during the last quarter. Savvy Advisors Inc. raised its stake in shares of Dimensional California Municipal Bond ETF by 0.8% in the fourth quarter. Savvy Advisors Inc. now owns 165,328 shares of the company’s stock worth $8,280,000 after acquiring an additional 1,288 shares during the last quarter. Finally, One Degree Advisors Inc raised its stake in shares of Dimensional California Municipal Bond ETF by 4.0% in the fourth quarter. One Degree Advisors Inc now owns 115,162 shares of the company’s stock worth $5,767,000 after acquiring an additional 4,480 shares during the last quarter.

Dimensional California Municipal Bond ETF Trading Down 0.3%

DFCA stock traded down $0.14 during trading on Friday, hitting $49.84. 27,947 shares of the stock traded hands, compared to its average volume of 59,277. Dimensional California Municipal Bond ETF has a one year low of $48.93 and a one year high of $50.78. The company has a 50 day simple moving average of $50.10 and a 200 day simple moving average of $50.21.

About Dimensional California Municipal Bond ETF

The Dimensional California Municipal Bond ETF (DFCA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that targets investment grade municipal securities that are exempt from federal and California state income tax. These securities have intermediate-term maturities in nature. DFCA was launched on Jun 26, 2023 and is managed by Dimensional.