Ultra-Short Fixed Income ETF (NYSEARCA:DUSB) Sees Significant Increase in Short Interest

Ultra-Short Fixed Income ETF (NYSEARCA:DUSB) was the target of a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 172,709 shares, a growth of 425.4% from the June 15th total of 32,875 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average trading volume of 327,559 shares, the days-to-cover ratio is presently 0.5 days.

Ultra-Short Fixed Income ETF Stock Performance

Shares of NYSEARCA:DUSB traded down $0.01 on Monday, hitting $50.81. The company’s stock had a trading volume of 186,608 shares, compared to its average volume of 289,591. The company has a 50-day simple moving average of $50.81 and a 200 day simple moving average of $50.77. Ultra-Short Fixed Income ETF has a 1 year low of $50.55 and a 1 year high of $50.91.

Institutional Investors Weigh In On Ultra-Short Fixed Income ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Root Financial Partners LLC grew its stake in Ultra-Short Fixed Income ETF by 17.8% in the 1st 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. Arkadios Wealth Advisors grew its position in Ultra-Short Fixed Income ETF by 21.3% in the fourth quarter. Arkadios Wealth Advisors now owns 169,312 shares of the company’s stock worth $8,576,000 after acquiring an additional 29,677 shares in the last quarter. Financial Symmetry Inc increased its stake in Ultra-Short Fixed Income ETF by 36.1% in the fourth quarter. Financial Symmetry Inc now owns 147,918 shares of the company’s stock valued at $7,492,000 after acquiring an additional 39,251 shares during the last quarter. Torren Management LLC increased its stake in Ultra-Short Fixed Income ETF by 154.5% in the first quarter. Torren Management LLC now owns 118,270 shares of the company’s stock valued at $5,997,000 after acquiring an additional 71,797 shares during the last quarter. Finally, Coston McIsaac & Partners raised its position in Ultra-Short Fixed Income ETF by 23.1% during the fourth quarter. Coston McIsaac & Partners now owns 91,759 shares of the company’s stock valued at $4,647,000 after purchasing an additional 17,206 shares in 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.