Dimensional Global Credit ETF (NASDAQ:DGCB) Sees Large Increase in Short Interest

Dimensional Global Credit ETF (NASDAQ:DGCB) was the target of a significant growth in short interest in March. As of March 13th, there was short interest totaling 36,855 shares, a growth of 73.8% from the February 26th total of 21,205 shares. Based on an average daily volume of 74,556 shares, the short-interest ratio is currently 0.5 days. Currently, 0.2% of the shares of the stock are short sold.

Hedge Funds Weigh In On Dimensional Global Credit ETF

Several hedge funds and other institutional investors have recently made changes to their positions in DGCB. Ashton Thomas Private Wealth LLC purchased a new stake in shares of Dimensional Global Credit ETF during the first quarter worth approximately $201,000. Cetera Investment Advisers purchased a new position in Dimensional Global Credit ETF in the 2nd quarter valued at $417,000. CreativeOne Wealth LLC lifted its holdings in Dimensional Global Credit ETF by 8.8% in the 2nd quarter. CreativeOne Wealth LLC now owns 16,425 shares of the company’s stock valued at $891,000 after purchasing an additional 1,331 shares in the last quarter. CW Advisors LLC boosted its stake in Dimensional Global Credit ETF by 2.7% during the 2nd quarter. CW Advisors LLC now owns 19,868 shares of the company’s stock worth $1,077,000 after purchasing an additional 521 shares during the last quarter. Finally, EverSource Wealth Advisors LLC boosted its stake in Dimensional Global Credit ETF by 2.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 30,821 shares of the company’s stock worth $1,671,000 after purchasing an additional 781 shares during the last quarter.

Dimensional Global Credit ETF Trading Down 0.2%

Dimensional Global Credit ETF stock traded down $0.09 during midday trading on Friday, reaching $53.56. The company had a trading volume of 61,945 shares, compared to its average volume of 73,338. Dimensional Global Credit ETF has a 12-month low of $51.29 and a 12-month high of $56.03. The firm’s fifty day simple moving average is $54.61 and its 200-day simple moving average is $54.89.

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.