Short Interest in Ultra-Short Fixed Income ETF (NYSEARCA:DUSB) Increases By 941.1%

Ultra-Short Fixed Income ETF (NYSEARCA:DUSB) was the target of a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 187,560 shares, a growth of 941.1% from the April 30th total of 18,016 shares. Based on an average daily volume of 223,805 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.5% of the shares of the company are sold short.

Ultra-Short Fixed Income ETF Trading Up 0.0%

Ultra-Short Fixed Income ETF stock traded up $0.02 during mid-day trading on Friday, hitting $50.80. 252,345 shares of the company’s stock traded hands, compared to its average volume of 281,997. The firm has a 50 day simple moving average of $50.76 and a two-hundred day simple moving average of $50.76. Ultra-Short Fixed Income ETF has a fifty-two week low of $50.55 and a fifty-two week high of $50.90.

Institutional Investors Weigh In On Ultra-Short Fixed Income ETF

Several hedge funds have recently added to or reduced their stakes in the business. McIlrath & Eck LLC lifted its holdings in shares of Ultra-Short Fixed Income ETF by 52.1% during the first quarter. McIlrath & Eck LLC now owns 59,961 shares of the company’s stock worth $3,041,000 after buying an additional 20,532 shares in the last quarter. Broadhurst Jeffrey B acquired a new stake in shares of Ultra-Short Fixed Income ETF during the first quarter worth $1,998,000. Torren Management LLC lifted its holdings in shares of Ultra-Short Fixed Income ETF by 154.5% during the first quarter. Torren Management LLC now owns 118,270 shares of the company’s stock worth $5,997,000 after buying an additional 71,797 shares in the last quarter. Root Financial Partners LLC lifted its holdings in shares of Ultra-Short Fixed Income ETF by 17.8% during the first quarter. Root Financial Partners LLC now owns 1,514,370 shares of the company’s stock worth $76,794,000 after buying an additional 229,096 shares in the last quarter. Finally, Lam Group Inc. acquired a new stake in shares of Ultra-Short Fixed Income ETF during the first quarter worth $42,000.

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.