Dimensional California Municipal Bond ETF (NYSEARCA:DFCA) Shares Shorted: Short Interest Down 95.7% in October

Dimensional California Municipal Bond ETF (NYSEARCA:DFCA) saw a large drop in short interest in October. As of October 15th, there was short interest totaling 37,418 shares, a drop of 95.7% from the September 30th total of 863,123 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average trading volume of 232,545 shares, the days-to-cover ratio is currently 0.2 days.

Hedge Funds Weigh In On Dimensional California Municipal Bond ETF

Large investors have recently bought and sold shares of the company. Citrine Capital LLC raised its position in shares of Dimensional California Municipal Bond ETF by 8.5% during the third quarter. Citrine Capital LLC now owns 1,086,775 shares of the company’s stock worth $51,807,000 after acquiring an additional 85,205 shares during the last quarter. Elmwood Wealth Management Inc. lifted its position in Dimensional California Municipal Bond ETF by 4.7% in the 3rd quarter. Elmwood Wealth Management Inc. now owns 130,168 shares of the company’s stock valued at $6,205,000 after acquiring an additional 5,800 shares in the last quarter. Signature Resources Capital Management LLC grew its stake in shares of Dimensional California Municipal Bond ETF by 2.8% in the 3rd quarter. Signature Resources Capital Management LLC now owns 112,675 shares of the company’s stock worth $5,371,000 after acquiring an additional 3,102 shares in the last quarter. Root Financial Partners LLC raised its stake in shares of Dimensional California Municipal Bond ETF by 68.7% during the 3rd quarter. Root Financial Partners LLC now owns 107,819 shares of the company’s stock worth $5,140,000 after purchasing an additional 43,902 shares during the period. Finally, Integrated Wealth Concepts LLC increased its stake in shares of Dimensional California Municipal Bond ETF by 4.4% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 53,670 shares of the company’s stock worth $2,693,000 after purchasing an additional 2,276 shares during the last quarter.

Dimensional California Municipal Bond ETF Price Performance

DFCA stock opened at $48.90 on Tuesday. The business’s 50 day simple moving average is $48.56 and its 200 day simple moving average is $49.74. Dimensional California Municipal Bond ETF has a 1-year low of $47.30 and a 1-year high of $50.78.

Dimensional California Municipal Bond ETF Company Profile

The Dimensional California Municipal Bond ETF (DFCA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that targets investment grade municipal securities that are exempt from federal and California state income tax. These securities have intermediate-term maturities in nature. DFCA was launched on Jun 26, 2023 and is managed by Dimensional.