Ultra-Short Fixed Income ETF (NYSEARCA:DUSB) Short Interest Up 711.7% in June

Ultra-Short Fixed Income ETF (NYSEARCA:DUSB) saw a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 32,875 shares, an increase of 711.7% from the May 31st total of 4,050 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 292,775 shares, the days-to-cover ratio is currently 0.1 days.

Ultra-Short Fixed Income ETF Stock Performance

DUSB stock traded up $0.01 during mid-day trading on Friday, hitting $50.77. The company had a trading volume of 684,704 shares, compared to its average volume of 284,995. Ultra-Short Fixed Income ETF has a 12 month low of $50.55 and a 12 month high of $50.91. The stock’s fifty day moving average price is $50.80 and its two-hundred day moving average price is $50.76.

Institutional Investors Weigh In On Ultra-Short Fixed Income ETF

A number of hedge funds have recently modified their holdings of DUSB. Root Financial Partners LLC lifted its stake in Ultra-Short Fixed Income ETF by 17.8% in the first quarter. Root Financial Partners LLC now owns 1,514,370 shares of the company’s stock valued at $76,794,000 after purchasing an additional 229,096 shares during the last quarter. Arkadios Wealth Advisors raised its stake in shares of Ultra-Short Fixed Income ETF by 21.3% in the fourth quarter. Arkadios Wealth Advisors now owns 169,312 shares of the company’s stock valued at $8,576,000 after buying an additional 29,677 shares during the period. Financial Symmetry Inc raised its stake in shares of Ultra-Short Fixed Income ETF by 36.1% in the fourth quarter. Financial Symmetry Inc now owns 147,918 shares of the company’s stock valued at $7,492,000 after buying an additional 39,251 shares during the period. Torren Management LLC lifted its position in shares of Ultra-Short Fixed Income ETF by 154.5% during the 1st quarter. Torren Management LLC now owns 118,270 shares of the company’s stock valued at $5,997,000 after buying an additional 71,797 shares during the last quarter. Finally, Coston McIsaac & Partners lifted its position in shares of Ultra-Short Fixed Income ETF by 23.1% during the 4th quarter. Coston McIsaac & Partners now owns 91,759 shares of the company’s stock valued at $4,647,000 after buying an additional 17,206 shares during the last quarter.

About Ultra-Short Fixed Income ETF

The Dimensional Ultrashort Fixed Income ETF (DUSB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in a broad portfolio of US investment-grade securities. The fund targets a dollar weighted average portfolio maturity of less than one year DUSB was launched on Sep 26, 2023 and is issued by Dimensional.