Short Interest in Dimensional California Municipal Bond ETF (NYSEARCA:DFCA) Drops By 80.2%

Dimensional California Municipal Bond ETF (NYSEARCA:DFCA) was the recipient of a large decrease in short interest in the month of August. As of August 14th, there was short interest totaling 12,885 shares, a decrease of 80.2% from the July 30th total of 65,188 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 73,281 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Investors Weigh In On Dimensional California Municipal Bond ETF

A number of large investors have recently added to or reduced their stakes in DFCA. LPL Financial LLC lifted its holdings in Dimensional California Municipal Bond ETF by 0.9% in the 4th quarter. LPL Financial LLC now owns 21,591 shares of the company’s stock worth $1,081,000 after buying an additional 198 shares in the last quarter. Johnson Wealth Management LLC grew its stake in shares of Dimensional California Municipal Bond ETF by 5.3% during the first quarter. Johnson Wealth Management LLC now owns 6,165 shares of the company’s stock valued at $307,000 after acquiring an additional 310 shares in the last quarter. Shearwater Capital LLC grew its stake in shares of Dimensional California Municipal Bond ETF by 12.5% during the second quarter. Shearwater Capital LLC now owns 4,709 shares of the company’s stock valued at $236,000 after acquiring an additional 523 shares in the last quarter. Lodestar Private Asset Management LLC increased its position in shares of Dimensional California Municipal Bond ETF by 3.3% during the first quarter. Lodestar Private Asset Management LLC now owns 22,852 shares of the company’s stock worth $1,139,000 after acquiring an additional 728 shares during the last quarter. Finally, Savant Capital LLC increased its position in shares of Dimensional California Municipal Bond ETF by 2.8% during the fourth quarter. Savant Capital LLC now owns 27,278 shares of the company’s stock worth $1,366,000 after acquiring an additional 732 shares during the last quarter.

Dimensional California Municipal Bond ETF Stock Down 0.1%

NYSEARCA:DFCA traded down $0.03 during trading hours on Friday, hitting $49.35. The stock had a trading volume of 75,963 shares, compared to its average volume of 59,273. Dimensional California Municipal Bond ETF has a 1-year low of $49.22 and a 1-year high of $50.78. The business has a 50 day simple moving average of $49.82 and a two-hundred day simple moving average of $50.05.

About Dimensional California Municipal Bond ETF

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.