Ultra-Short Fixed Income ETF (NYSEARCA:DUSB) Short Interest Down 81.8% in February

Ultra-Short Fixed Income ETF (NYSEARCA:DUSB) saw a significant drop in short interest in February. As of February 13th, there was short interest totaling 15,683 shares, a drop of 81.8% from the January 29th total of 86,225 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 281,901 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 281,901 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Ultra-Short Fixed Income ETF Stock Performance

DUSB traded up $0.01 during trading hours on Wednesday, hitting $50.74. 247,631 shares of the company’s stock were exchanged, compared to its average volume of 247,831. Ultra-Short Fixed Income ETF has a 1-year low of $50.21 and a 1-year high of $50.90. The stock’s 50-day moving average is $50.73 and its two-hundred day moving average is $50.77.

Ultra-Short Fixed Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, February 20th. Investors of record on Wednesday, February 18th were given a $0.1494 dividend. The ex-dividend date was Wednesday, February 18th. This is an increase from Ultra-Short Fixed Income ETF’s previous monthly dividend of $0.07. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%.

Hedge Funds Weigh In On Ultra-Short Fixed Income ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in DUSB. Cary Street Partners Investment Advisory LLC purchased a new position in Ultra-Short Fixed Income ETF in the 4th quarter worth $25,000. Washington Trust Advisors Inc. bought a new stake in shares of Ultra-Short Fixed Income ETF in the 3rd quarter worth approximately $111,000. EverSource Wealth Advisors LLC bought a new position in Ultra-Short Fixed Income ETF in the 4th quarter worth about $212,000. VSM Wealth Advisory LLC boosted its stake in Ultra-Short Fixed Income ETF by 13.3% during the 3rd 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 last quarter. Finally, Curio Wealth LLC boosted its holdings in shares of 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 valued at $615,000 after acquiring an additional 1,856 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.