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

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

Hedge Funds Weigh In On Dimensional Global Credit ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Tencap Wealth Coaching LLC acquired a new position in shares of Dimensional Global Credit ETF during the 4th quarter worth $23,464,000. AA Financial Advisors LLC bought a new stake in Dimensional Global Credit ETF in the first quarter worth $17,125,000. M Holdings Securities Inc. bought a new position in Dimensional Global Credit ETF during the second quarter valued at about $12,884,000. Integrity Alliance LLC. lifted its position in shares of Dimensional Global Credit ETF by 34.6% in the fourth quarter. Integrity Alliance LLC. now owns 785,250 shares of the company’s stock worth $42,590,000 after buying an additional 201,801 shares during the last quarter. Finally, Baird Financial Group Inc. acquired a new position in shares of Dimensional Global Credit ETF during the 2nd quarter valued at about $10,289,000.

Dimensional Global Credit ETF Price Performance

DGCB opened at $52.45 on Monday. Dimensional Global Credit ETF has a fifty-two week low of $52.44 and a fifty-two week high of $56.03. The business has a 50-day moving average of $53.47 and a 200-day moving average of $54.17.

About Dimensional Global Credit ETF

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.