Dimensional Global Credit ETF (NASDAQ:DGCB) Short Interest Down 53.9% in August

Dimensional Global Credit ETF (NASDAQ:DGCB) was the target of a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 27,514 shares, a drop of 53.9% from the August 15th total of 59,738 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 88,630 shares, the short-interest ratio is presently 0.3 days.

Dimensional Global Credit ETF Price Performance

NASDAQ:DGCB opened at $52.45 on Monday. Dimensional Global Credit ETF has a 1-year low of $52.44 and a 1-year high of $56.03. The business’s fifty day moving average price is $53.47 and its 200 day moving average price is $54.17.

Hedge Funds Weigh In On Dimensional Global Credit ETF

Large investors have recently made changes to their positions in the business. Ashton Thomas Private Wealth LLC acquired a new stake in shares of Dimensional Global Credit ETF during the first quarter worth approximately $201,000. Cetera Investment Advisers acquired a new stake in shares of Dimensional Global Credit ETF during the 2nd quarter valued at $417,000. Sei Investments Co. acquired a new stake in shares of Dimensional Global Credit ETF during the 2nd quarter valued at $488,000. Raymond James Financial Inc. purchased a new position in shares of Dimensional Global Credit ETF during the 2nd quarter valued at $111,000. Finally, Bank of America Corp DE grew its holdings in shares of Dimensional Global Credit ETF by 11.4% during the 2nd quarter. Bank of America Corp DE now owns 776,805 shares of the company’s stock valued at $42,126,000 after acquiring an additional 79,416 shares in the last quarter.

Dimensional Global Credit ETF Company Profile

The Dimensional Global Credit ETF (DGCB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in a broad portfolio of debt securities of any credit quality that are maturing within 20 years. The fund aims to maximize total returns, while optimizing overall gains DGCB was launched on Nov 7, 2023 and is issued by Dimensional.