Dimensional California Municipal Bond ETF (NYSEARCA:DFCA) Sees Significant Growth in Short Interest

Dimensional California Municipal Bond ETF (NYSEARCA:DFCA) was the recipient of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 65,164 shares, an increase of 405.7% from the August 15th total of 12,885 shares. Based on an average trading volume of 66,724 shares, the short-interest ratio is presently 1.0 days. Currently, 0.5% of the shares of the company are short sold.

Dimensional California Municipal Bond ETF Trading Up 0.2%

Shares of NYSEARCA:DFCA traded up $0.09 during midday trading on Friday, hitting $48.80. The company had a trading volume of 897,724 shares, compared to its average volume of 69,819. Dimensional California Municipal Bond ETF has a 12-month low of $48.66 and a 12-month high of $50.78. The company has a fifty day moving average of $49.58 and a two-hundred day moving average of $49.94.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. 3 Factor Indexing LLC bought a new position in shares of Dimensional California Municipal Bond ETF during the 2nd quarter valued at approximately $170,000. Shearwater Capital LLC raised its stake in Dimensional California Municipal Bond ETF by 12.5% during the 2nd quarter. Shearwater Capital LLC now owns 4,709 shares of the company’s stock worth $236,000 after acquiring an additional 523 shares during the period. Goldman Sachs Group Inc. bought a new stake in Dimensional California Municipal Bond ETF during the 4th quarter worth approximately $251,000. Independent Financial Group LLC purchased a new position in Dimensional California Municipal Bond ETF during the first quarter valued at approximately $259,000. Finally, Corient Private Wealth LLC purchased a new position in Dimensional California Municipal Bond ETF during the fourth quarter valued at approximately $261,000.

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.