Short Interest in American Century California Municipal Bond ETF (NYSEARCA:CATF) Expands By 19.5%

American Century California Municipal Bond ETF (NYSEARCA:CATF) was the target of a significant increase in short interest in April. As of April 15th, there was short interest totaling 6,801 shares, an increase of 19.5% from the March 31st total of 5,693 shares. Approximately 0.5% of the shares of the stock are short sold. Based on an average trading volume of 5,380 shares, the days-to-cover ratio is presently 1.3 days.

Hedge Funds Weigh In On American Century California Municipal Bond ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Weaver Consulting Group lifted its position in shares of American Century California Municipal Bond ETF by 4.2% in the third quarter. Weaver Consulting Group now owns 40,580 shares of the company’s stock valued at $2,022,000 after acquiring an additional 1,630 shares in the last quarter. Ehrlich Financial Group lifted its position in American Century California Municipal Bond ETF by 14.5% during the fourth quarter. Ehrlich Financial Group now owns 13,356 shares of the company’s stock worth $668,000 after buying an additional 1,694 shares in the last quarter. Wealthgarden F.S. LLC lifted its position in American Century California Municipal Bond ETF by 47.1% during the third quarter. Wealthgarden F.S. LLC now owns 6,739 shares of the company’s stock worth $339,000 after buying an additional 2,157 shares in the last quarter. Kestra Advisory Services LLC purchased a new position in American Century California Municipal Bond ETF during the fourth quarter worth approximately $123,000. Finally, Citadel Advisors LLC purchased a new position in American Century California Municipal Bond ETF during the third quarter worth approximately $224,000.

American Century California Municipal Bond ETF Stock Performance

Shares of NYSEARCA CATF traded up $0.05 during midday trading on Friday, hitting $50.23. The stock had a trading volume of 9,363 shares, compared to its average volume of 7,207. The stock has a 50 day simple moving average of $50.23 and a 200-day simple moving average of $50.25. American Century California Municipal Bond ETF has a 1 year low of $48.07 and a 1 year high of $51.09.

American Century California Municipal Bond ETF Company Profile

The American Century California Municipal Bond ETF (CATF) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that mainly invests in municipal securities of any maturity, with interest income that are exempt from federal and California state income tax. CATF was launched on Jul 16, 2024 and is issued by American Century Investments.