Ultra-Short Fixed Income ETF (NYSEARCA:DUSB) Short Interest Up 93.2% in August

Ultra-Short Fixed Income ETF (NYSEARCA:DUSB) was the target of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 57,950 shares, an increase of 93.2% from the August 15th total of 29,997 shares. Based on an average trading volume of 243,651 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the company are short sold.

Ultra-Short Fixed Income ETF Price Performance

Shares of NYSEARCA:DUSB traded down $0.01 on Tuesday, hitting $50.68. The company had a trading volume of 303,669 shares, compared to its average volume of 281,748. Ultra-Short Fixed Income ETF has a 1-year low of $50.55 and a 1-year high of $50.91. The stock has a 50 day moving average price of $50.77 and a 200 day moving average price of $50.78.

Hedge Funds Weigh In On Ultra-Short Fixed Income ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Studio Investment Management LLC lifted its position in shares of Ultra-Short Fixed Income ETF by 37.4% during the 2nd quarter. Studio Investment Management LLC now owns 55,972 shares of the company’s stock valued at $2,842,000 after acquiring an additional 15,235 shares during the period. Red Lighthouse Investment Management LLC increased its position in shares of Ultra-Short Fixed Income ETF by 0.8% in the second quarter. Red Lighthouse Investment Management LLC now owns 30,488 shares of the company’s stock worth $1,548,000 after purchasing an additional 237 shares during the period. McIlrath & Eck LLC increased its position in shares of Ultra-Short Fixed Income ETF by 52.1% in the first quarter. McIlrath & Eck LLC now owns 59,961 shares of the company’s stock worth $3,041,000 after purchasing an additional 20,532 shares during the period. Broadhurst Jeffrey B acquired a new position in Ultra-Short Fixed Income ETF in the first quarter valued at about $1,998,000. Finally, Torren Management LLC raised its stake in Ultra-Short Fixed Income ETF by 154.5% in the first quarter. Torren Management LLC now owns 118,270 shares of the company’s stock valued at $5,997,000 after purchasing an additional 71,797 shares in 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.