Ultra-Short Fixed Income ETF (NYSEARCA:DUSB) Short Interest Up 941.1% in May

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

Ultra-Short Fixed Income ETF Price Performance

DUSB stock traded up $0.01 during midday trading on Wednesday, reaching $50.78. The company’s stock had a trading volume of 223,876 shares, compared to its average volume of 282,009. Ultra-Short Fixed Income ETF has a 52 week low of $50.55 and a 52 week high of $50.90. The business’s 50-day simple moving average is $50.77 and its 200-day simple moving average is $50.76.

Hedge Funds Weigh In On Ultra-Short Fixed Income ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Cary Street Partners Financial LLC lifted its stake in Ultra-Short Fixed Income ETF by 1.3% in the third quarter. Cary Street Partners Financial LLC now owns 30,086 shares of the company’s stock valued at $1,528,000 after buying an additional 375 shares during the period. Cary Street Partners Investment Advisory LLC acquired a new position in Ultra-Short Fixed Income ETF in the fourth quarter valued at about $25,000. VSM Wealth Advisory LLC lifted its stake 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 buying an additional 646 shares during the period. Lam Group Inc. acquired a new position in Ultra-Short Fixed Income ETF in the first quarter valued at about $42,000. Finally, Curio Wealth LLC lifted its stake in Ultra-Short Fixed Income ETF by 18.0% in the fourth quarter. Curio Wealth LLC now owns 12,144 shares of the company’s stock valued at $615,000 after buying an additional 1,856 shares during the period.

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.