Dimensional California Municipal Bond ETF (NYSEARCA:DFCA) Shares Shorted: Short Interest Up 459.6% in October

Dimensional California Municipal Bond ETF (NYSEARCA:DFCA) was the recipient of a significant growth in short interest in October. As of October 30th, there was short interest totaling 209,386 shares, a growth of 459.6% from the October 15th total of 37,418 shares. Based on an average daily volume of 193,937 shares, the short-interest ratio is currently 1.1 days. Approximately 1.9% of the company’s stock are short sold.

Dimensional California Municipal Bond ETF Stock Down 0.6%

DFCA stock traded down $0.28 during midday trading on Thursday, reaching $49.18. The company had a trading volume of 73,694 shares, compared to its average volume of 130,597. The company has a 50 day moving average of $48.50 and a two-hundred day moving average of $49.66. Dimensional California Municipal Bond ETF has a 1 year low of $47.30 and a 1 year high of $50.78.

Institutional Investors Weigh In On Dimensional California Municipal Bond ETF

A number of large investors have recently added to or reduced their stakes in the stock. Private Advisor Group LLC bought a new stake in shares of Dimensional California Municipal Bond ETF during the 3rd quarter worth $788,000. HighTower Advisors LLC bought a new position in Dimensional California Municipal Bond ETF in the 3rd quarter worth $17,643,000. Seaside Wealth Management Inc. raised its holdings in Dimensional California Municipal Bond ETF by 35.3% in the 3rd quarter. Seaside Wealth Management Inc. now owns 8,581 shares of the company’s stock worth $409,000 after acquiring an additional 2,238 shares during the period. Altiora Financial Group LLC acquired a new position in Dimensional California Municipal Bond ETF during the 3rd quarter worth $2,384,000. Finally, Burton Enright Welch lifted its position in Dimensional California Municipal Bond ETF by 8.6% during the 3rd quarter. Burton Enright Welch now owns 21,542 shares of the company’s stock worth $1,027,000 after acquiring an additional 1,701 shares during the last quarter.

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.