Short Interest in Dimensional California Municipal Bond ETF (NYSEARCA:DFCA) Decreases By 80.2%

Dimensional California Municipal Bond ETF (NYSEARCA:DFCA) was the target of a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 12,885 shares, a decrease of 80.2% from the July 30th total of 65,188 shares. Based on an average daily trading volume, of 73,281 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the company are short sold.

Institutional Investors Weigh In On Dimensional California Municipal Bond ETF

Hedge funds have recently made changes to their positions in the business. Red Lighthouse Investment Management LLC grew its holdings in Dimensional California Municipal Bond ETF by 22.2% in the 2nd quarter. Red Lighthouse Investment Management LLC now owns 11,083 shares of the company’s stock worth $556,000 after buying an additional 2,015 shares in the last quarter. 3 Factor Indexing LLC bought a new stake in Dimensional California Municipal Bond ETF during the second quarter worth approximately $170,000. Elmwood Wealth Management Inc. grew its position in Dimensional California Municipal Bond ETF by 5.6% in the second quarter. Elmwood Wealth Management Inc. now owns 124,368 shares of the company’s stock worth $6,241,000 after buying an additional 6,579 shares during the last quarter. Shearwater Capital LLC increased its holdings in shares of Dimensional California Municipal Bond ETF by 12.5% in the second quarter. Shearwater Capital LLC now owns 4,709 shares of the company’s stock valued at $236,000 after buying an additional 523 shares in the last quarter. Finally, Apella Capital LLC increased its holdings in shares of Dimensional California Municipal Bond ETF by 14.3% in the second quarter. Apella Capital LLC now owns 10,579 shares of the company’s stock valued at $530,000 after buying an additional 1,327 shares in the last quarter.

Dimensional California Municipal Bond ETF Stock Performance

Shares of DFCA traded down $0.08 during midday trading on Wednesday, hitting $49.45. 14,883 shares of the stock traded hands, compared to its average volume of 59,154. The business’s 50 day moving average price is $49.85 and its two-hundred day moving average price is $50.07. Dimensional California Municipal Bond ETF has a 1-year low of $49.21 and a 1-year high of $50.78.

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.