Dimensional California Municipal Bond ETF (NYSEARCA:DFCA) Short Interest Up 180.3% in May

Dimensional California Municipal Bond ETF (NYSEARCA:DFCA) saw a significant increase in short interest in May. As of May 15th, there was short interest totaling 51,537 shares, an increase of 180.3% from the April 30th total of 18,385 shares. Based on an average daily trading volume, of 75,957 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.4% of the shares of the stock are short sold.

Dimensional California Municipal Bond ETF Stock Performance

Shares of DFCA stock opened at $50.05 on Monday. The stock has a 50-day moving average price of $49.99 and a 200 day moving average price of $50.19. Dimensional California Municipal Bond ETF has a 12 month low of $48.93 and a 12 month high of $50.78.

Institutional Trading of Dimensional California Municipal Bond ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. acquired a new stake in Dimensional California Municipal Bond ETF in the fourth quarter worth about $251,000. Independent Financial Group LLC acquired a new stake in Dimensional California Municipal Bond ETF in the first quarter worth about $259,000. Corient Private Wealth LLC bought a new position in Dimensional California Municipal Bond ETF during the fourth quarter worth about $261,000. Shore Point Advisors LLC bought a new position in Dimensional California Municipal Bond ETF during the fourth quarter worth about $276,000. Finally, Johnson Wealth Management LLC bought a new position in Dimensional California Municipal Bond ETF during the fourth quarter worth about $293,000.

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.