Short Interest in American Century California Municipal Bond ETF (NYSEARCA:CATF) Declines By 52.1%

American Century California Municipal Bond ETF (NYSEARCA:CATF) was the target of a large decline in short interest in June. As of June 15th, there was short interest totaling 3,921 shares, a decline of 52.1% from the May 31st total of 8,181 shares. Based on an average daily volume of 5,329 shares, the short-interest ratio is currently 0.7 days. Currently, 0.3% of the company’s stock are sold short.

Institutional Trading of American Century California Municipal Bond ETF

Several hedge funds and other institutional investors have recently modified their holdings of CATF. Ehrlich Financial Group boosted its position in shares of American Century California Municipal Bond ETF by 14.5% during the fourth quarter. Ehrlich Financial Group now owns 13,356 shares of the company’s stock worth $668,000 after buying an additional 1,694 shares during the period. Wealthgarden F.S. LLC boosted its position in 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 during the last quarter. Kestra Advisory Services LLC acquired a new position in American Century California Municipal Bond ETF during the 4th quarter worth approximately $123,000. Citadel Advisors LLC bought a new position in shares of American Century California Municipal Bond ETF during the 3rd quarter worth approximately $224,000. Finally, Clifford Swan Investment Counsel LLC bought a new stake in shares of American Century California Municipal Bond ETF in the first quarter worth $274,000.

American Century California Municipal Bond ETF Stock Performance

CATF traded down $0.15 during trading on Tuesday, reaching $50.34. The company had a trading volume of 5,864 shares, compared to its average volume of 6,834. American Century California Municipal Bond ETF has a 12 month low of $48.08 and a 12 month high of $51.09. The business’s fifty day moving average price is $50.18 and its 200 day moving average price is $50.25.

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.