Short Interest in Ultra-Short Fixed Income ETF (NYSEARCA:DUSB) Expands By 93.2%

Ultra-Short Fixed Income ETF (NYSEARCA:DUSB) was the recipient of a significant growth in short interest in August. As of August 31st, there was short interest totaling 57,950 shares, a growth of 93.2% from the August 15th total of 29,997 shares. Based on an average daily volume of 243,651 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the company’s shares are sold short.

Ultra-Short Fixed Income ETF Trading Down 0.0%

DUSB traded down $0.01 during mid-day trading on Tuesday, hitting $50.68. The stock had a trading volume of 303,669 shares, compared to its average volume of 281,748. The stock’s fifty day simple moving average is $50.77 and its 200-day simple moving average is $50.78. Ultra-Short Fixed Income ETF has a 1-year low of $50.55 and a 1-year high of $50.91.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Cary Street Partners Investment Advisory LLC acquired a new stake in shares of Ultra-Short Fixed Income ETF during the fourth quarter worth about $25,000. Lam Group Inc. acquired a new position in shares of Ultra-Short Fixed Income ETF in the 1st quarter valued at approximately $42,000. EverSource Wealth Advisors LLC bought a new stake in Ultra-Short Fixed Income ETF during the 4th quarter worth approximately $212,000. Curio Wealth LLC increased its stake in Ultra-Short Fixed Income ETF by 18.0% during the 4th quarter. Curio Wealth LLC now owns 12,144 shares of the company’s stock worth $615,000 after purchasing an additional 1,856 shares in the last quarter. Finally, Red Lighthouse Investment Management LLC raised its holdings in Ultra-Short Fixed Income ETF by 0.8% during the 2nd quarter. Red Lighthouse Investment Management LLC now owns 30,488 shares of the company’s stock worth $1,548,000 after buying an additional 237 shares during the period.

Ultra-Short Fixed Income ETF Company Profile

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.