Short Interest in Dimensional California Municipal Bond ETF (NYSEARCA:DFCA) Declines By 80.2%

Dimensional California Municipal Bond ETF (NYSEARCA:DFCA) was the recipient of a large decline in short interest in August. As of August 14th, there was short interest totaling 12,885 shares, a decline of 80.2% from the July 30th total of 65,188 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 73,281 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On Dimensional California Municipal Bond ETF

Hedge funds have recently modified their holdings of the company. LPL Financial LLC boosted its stake in Dimensional California Municipal Bond ETF by 0.9% during the 4th quarter. LPL Financial LLC now owns 21,591 shares of the company’s stock worth $1,081,000 after purchasing an additional 198 shares during the last quarter. Johnson Wealth Management LLC raised its position in shares of Dimensional California Municipal Bond ETF by 5.3% in the first quarter. Johnson Wealth Management LLC now owns 6,165 shares of the company’s stock valued at $307,000 after buying an additional 310 shares during the last quarter. Shearwater Capital LLC boosted its position in Dimensional California Municipal Bond ETF by 12.5% during the second 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 last quarter. Lodestar Private Asset Management LLC grew its stake in Dimensional California Municipal Bond ETF by 3.3% during the 1st quarter. Lodestar Private Asset Management LLC now owns 22,852 shares of the company’s stock valued at $1,139,000 after acquiring an additional 728 shares in the last quarter. Finally, Savant Capital LLC grew its stake in Dimensional California Municipal Bond ETF by 2.8% during the 4th quarter. Savant Capital LLC now owns 27,278 shares of the company’s stock valued at $1,366,000 after acquiring an additional 732 shares in the last quarter.

Dimensional California Municipal Bond ETF Stock Performance

NYSEARCA DFCA traded down $0.09 during mid-day trading on Thursday, reaching $49.38. 50,063 shares of the stock were exchanged, compared to its average volume of 59,172. The business’s 50 day moving average is $49.84 and its 200-day moving average is $50.06. Dimensional California Municipal Bond ETF has a 1 year low of $49.22 and a 1 year high of $50.78.

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.