Short Interest in American Century California Municipal Bond ETF (NYSEARCA:CATF) Increases By 103.8%

American Century California Municipal Bond ETF (NYSEARCA:CATF) saw a significant growth in short interest in August. As of August 14th, there was short interest totaling 14,347 shares, a growth of 103.8% from the July 30th total of 7,040 shares. Based on an average daily volume of 9,014 shares, the days-to-cover ratio is currently 1.6 days. Currently, 0.9% of the company’s stock are sold short.

Hedge Funds Weigh In On American Century California Municipal Bond ETF

Several large investors have recently made changes to their positions in the business. Hennion & Walsh Asset Management Inc. bought a new stake in American Century California Municipal Bond ETF in the second quarter worth $509,000. Ballast Rock Private Wealth LLC purchased a new position in shares of American Century California Municipal Bond ETF in the 1st quarter worth about $1,974,000. Ehrlich Financial Group boosted its stake in American Century California Municipal Bond ETF by 48.8% in the 2nd quarter. Ehrlich Financial Group now owns 21,389 shares of the company’s stock worth $1,075,000 after purchasing an additional 7,017 shares in the last quarter. Mariner LLC bought a new position in American Century California Municipal Bond ETF in the 4th quarter worth about $368,000. Finally, Kestra Advisory Services LLC bought a new position in American Century California Municipal Bond ETF in the 4th quarter worth about $123,000.

American Century California Municipal Bond ETF Price Performance

Shares of American Century California Municipal Bond ETF stock opened at $49.38 on Monday. American Century California Municipal Bond ETF has a 12 month low of $48.41 and a 12 month high of $51.09. The business has a fifty day simple moving average of $49.78 and a two-hundred day simple moving average of $50.07.

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.