Dimensional California Municipal Bond ETF (NYSEARCA:DFCA) Shares Shorted: Short Interest Down 95.7% in October

Dimensional California Municipal Bond ETF (NYSEARCA:DFCA) saw a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 37,418 shares, a decrease of 95.7% from the September 30th total of 863,123 shares. Based on an average daily volume of 232,545 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.3% of the company’s stock are short sold.

Dimensional California Municipal Bond ETF Stock Performance

Shares of Dimensional California Municipal Bond ETF stock traded down $0.08 on Wednesday, hitting $48.82. The company had a trading volume of 76,572 shares, compared to its average volume of 132,399. The stock has a 50 day moving average of $48.55 and a 200-day moving average of $49.73. Dimensional California Municipal Bond ETF has a 1 year low of $47.30 and a 1 year high of $50.78.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Wheels Up Wealth Inc. grew its stake in Dimensional California Municipal Bond ETF by 54.9% in the 3rd quarter. Wheels Up Wealth Inc. now owns 7,592 shares of the company’s stock worth $362,000 after buying an additional 2,690 shares in the last quarter. Lodestar Private Asset Management LLC increased its stake in Dimensional California Municipal Bond ETF by 20.0% in the third quarter. Lodestar Private Asset Management LLC now owns 26,567 shares of the company’s stock valued at $1,266,000 after acquiring an additional 4,421 shares during the last quarter. Brookstone Capital Management purchased a new stake in Dimensional California Municipal Bond ETF during the third quarter valued at about $286,000. Root Financial Partners LLC raised its position in Dimensional California Municipal Bond ETF by 68.7% during the third quarter. Root Financial Partners LLC now owns 107,819 shares of the company’s stock valued at $5,140,000 after purchasing an additional 43,902 shares in the last quarter. Finally, Retirement Planning Group LLC purchased a new stake in Dimensional California Municipal Bond ETF during the third quarter valued at about $223,000.

Dimensional California Municipal Bond ETF Company Profile

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.