American Century California Municipal Bond ETF (NYSEARCA:CATF) Short Interest Up 509.0% in February

American Century California Municipal Bond ETF (NYSEARCA:CATF) saw a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 5,000 shares, a growth of 509.0% from the February 12th total of 821 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average daily volume of 11,324 shares, the short-interest ratio is currently 0.4 days. Based on an average daily volume of 11,324 shares, the short-interest ratio is currently 0.4 days. Currently, 0.4% of the shares of the company are sold short.

American Century California Municipal Bond ETF Price Performance

NYSEARCA:CATF traded down $0.04 during mid-day trading on Tuesday, hitting $50.37. The company’s stock had a trading volume of 1,777 shares, compared to its average volume of 7,202. The business’s fifty day moving average is $50.52 and its two-hundred day moving average is $50.11. American Century California Municipal Bond ETF has a 1 year low of $46.96 and a 1 year high of $51.09.

American Century California Municipal Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, February 9th. Stockholders of record on Thursday, February 5th were paid a $0.184 dividend. The ex-dividend date was Thursday, February 5th. This is a positive change from American Century California Municipal Bond ETF’s previous monthly dividend of $0.14. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Kestra Advisory Services LLC acquired a new position in shares of American Century California Municipal Bond ETF in the fourth quarter worth about $123,000. Citadel Advisors LLC purchased a new position in American Century California Municipal Bond ETF during the third quarter worth approximately $224,000. Wealthgarden F.S. LLC grew its holdings in American Century California Municipal Bond ETF by 47.1% in the third quarter. Wealthgarden F.S. LLC now owns 6,739 shares of the company’s stock valued at $339,000 after purchasing an additional 2,157 shares during the period. Mariner LLC purchased a new stake in shares of American Century California Municipal Bond ETF in the fourth quarter valued at approximately $368,000. Finally, Farther Finance Advisors LLC purchased a new stake in shares of American Century California Municipal Bond ETF in the fourth quarter valued at approximately $432,000.

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.