Short Interest in American Century California Municipal Bond ETF (NYSEARCA:CATF) Expands By 509.0%

American Century California Municipal Bond ETF (NYSEARCA:CATF) saw a large increase in short interest in February. As of February 27th, there was short interest totaling 5,000 shares, an increase of 509.0% from the February 12th total of 821 shares. Based on an average daily volume of 11,324 shares, the short-interest ratio is presently 0.4 days. Approximately 0.4% of the shares of the stock are short sold. Approximately 0.4% of the shares of the stock are short sold. Based on an average daily volume of 11,324 shares, the short-interest ratio is presently 0.4 days.

American Century California Municipal Bond ETF Trading Down 0.1%

CATF stock traded down $0.05 during midday trading on Wednesday, hitting $50.36. The company’s stock had a trading volume of 963 shares, compared to its average volume of 7,200. American Century California Municipal Bond ETF has a 12 month low of $46.96 and a 12 month high of $51.09. The company has a 50 day moving average of $50.52 and a two-hundred day moving average of $50.11.

American Century California Municipal Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, February 9th. Investors of record on Thursday, February 5th were given a dividend of $0.184 per share. This is a positive change from American Century California Municipal Bond ETF’s previous monthly dividend of $0.14. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date was Thursday, February 5th.

Institutional Trading of American Century California Municipal Bond ETF

A number of institutional investors and hedge funds have recently bought and sold shares of CATF. Mariner LLC bought a new stake in American Century California Municipal Bond ETF in the fourth quarter worth $368,000. Kestra Advisory Services LLC bought a new position in American Century California Municipal Bond ETF during the fourth quarter valued at $123,000. Wealthgarden F.S. LLC grew its stake in shares of American Century California Municipal Bond ETF by 87.9% in the 4th quarter. Wealthgarden F.S. LLC now owns 12,661 shares of the company’s stock worth $639,000 after buying an additional 5,922 shares in the last quarter. Weaver Consulting Group grew its stake in shares of American Century California Municipal Bond ETF by 23.0% in the 4th quarter. Weaver Consulting Group now owns 49,929 shares of the company’s stock worth $2,497,000 after buying an additional 9,349 shares in the last quarter. Finally, Composition Wealth LLC increased its holdings in shares of American Century California Municipal Bond ETF by 2.0% in the 4th quarter. Composition Wealth LLC now owns 376,469 shares of the company’s stock worth $18,827,000 after buying an additional 7,203 shares during the last quarter.

About American Century California Municipal Bond ETF

The American Century California Municipal Bond ETF (CATF) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that mainly invests in municipal securities of any maturity, with interest income that are exempt from federal and California state income tax. CATF was launched on Jul 16, 2024 and is issued by American Century Investments.