Short Interest in American Century California Municipal Bond ETF (NYSEARCA:CATF) Decreases By 24.3%

American Century California Municipal Bond ETF (NYSEARCA:CATF) was the target of a large decrease in short interest in the month of March. As of March 13th, there was short interest totaling 3,783 shares, a decrease of 24.3% from the February 26th total of 5,000 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 11,190 shares, the short-interest ratio is presently 0.3 days.

American Century California Municipal Bond ETF Price Performance

Shares of American Century California Municipal Bond ETF stock opened at $49.52 on Friday. The company’s fifty day simple moving average is $50.44 and its two-hundred day simple moving average is $50.20. American Century California Municipal Bond ETF has a 12-month low of $46.96 and a 12-month high of $51.09.

American Century California Municipal Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, February 9th. Stockholders of record on Thursday, February 5th were issued a dividend of $0.184 per share. This is an increase 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 4.5%. The ex-dividend date was Thursday, February 5th.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Kestra Advisory Services LLC bought a new position in American Century California Municipal Bond ETF during the 4th quarter valued at approximately $123,000. Citadel Advisors LLC purchased a new stake in American Century California Municipal Bond ETF in the 3rd quarter worth approximately $224,000. Wealthgarden F.S. LLC grew its position in shares of American Century California Municipal Bond ETF by 47.1% in the 3rd 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 during the last quarter. Mariner LLC bought a new stake in shares of American Century California Municipal Bond ETF in the 4th quarter worth approximately $368,000. Finally, Farther Finance Advisors LLC purchased a new position in shares of American Century California Municipal Bond ETF during the fourth quarter valued at approximately $432,000.

About American Century California Municipal Bond ETF

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.