Short Interest in Ultra-Short Fixed Income ETF (NYSEARCA:DUSB) Decreases By 66.1%

Ultra-Short Fixed Income ETF (NYSEARCA:DUSB) was the target of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totaling 4,604 shares, a decrease of 66.1% from the December 31st total of 13,585 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 238,534 shares, the short-interest ratio is presently 0.0 days. Based on an average daily trading volume, of 238,534 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Ultra-Short Fixed Income ETF Stock Performance

NYSEARCA DUSB remained flat at $50.75 during trading hours on Wednesday. 110,322 shares of the company traded hands, compared to its average volume of 243,718. The company’s 50-day moving average is $50.72 and its 200-day moving average is $50.77. Ultra-Short Fixed Income ETF has a one year low of $50.21 and a one year high of $50.90.

Ultra-Short Fixed Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, January 23rd. Investors of record on Wednesday, January 21st were issued a $0.0728 dividend. This represents a c) annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend was Wednesday, January 21st.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of DUSB. Washington Trust Advisors Inc. purchased a new stake in shares of Ultra-Short Fixed Income ETF in the 3rd quarter valued at approximately $111,000. VSM Wealth Advisory LLC raised its position in Ultra-Short Fixed Income ETF by 13.3% in the third quarter. VSM Wealth Advisory LLC now owns 5,487 shares of the company’s stock valued at $279,000 after purchasing an additional 646 shares during the period. Curio Wealth LLC grew its holdings in shares of Ultra-Short Fixed Income ETF by 342,833.3% during the 2nd quarter. Curio Wealth LLC now owns 10,288 shares of the company’s stock worth $522,000 after purchasing an additional 10,285 shares during the period. Family CFO Inc increased its position in shares of Ultra-Short Fixed Income ETF by 63.0% during the 2nd quarter. Family CFO Inc now owns 15,460 shares of the company’s stock worth $785,000 after purchasing an additional 5,977 shares during the last quarter. Finally, Studio Investment Management LLC lifted its position in Ultra-Short Fixed Income ETF by 25.7% in the second quarter. Studio Investment Management LLC now owns 16,477 shares of the company’s stock valued at $836,000 after buying an additional 3,366 shares during the last quarter.

About Ultra-Short Fixed Income ETF

The Dimensional Ultrashort Fixed Income ETF (DUSB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in a broad portfolio of US investment-grade securities. The fund targets a dollar weighted average portfolio maturity of less than one year DUSB was launched on Sep 26, 2023 and is issued by Dimensional.