American Century California Municipal Bond ETF (NYSEARCA:CATF) Short Interest Down 32.6% in August

American Century California Municipal Bond ETF (NYSEARCA:CATF) saw a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 9,668 shares, a decline of 32.6% from the August 15th total of 14,347 shares. Based on an average daily volume of 6,268 shares, the days-to-cover ratio is presently 1.5 days. Currently, 0.6% of the shares of the company are sold short.

American Century California Municipal Bond ETF Stock Performance

Shares of NYSEARCA CATF traded up $0.24 during trading hours on Thursday, reaching $48.37. The stock had a trading volume of 618,247 shares, compared to its average volume of 10,581. The business’s fifty day moving average is $49.34 and its two-hundred day moving average is $49.88. American Century California Municipal Bond ETF has a twelve month low of $47.85 and a twelve month high of $51.09.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in CATF. Clifford Swan Investment Counsel LLC bought a new stake in American Century California Municipal Bond ETF during the 1st quarter worth about $274,000. Hennion & Walsh Asset Management Inc. bought a new position in shares of American Century California Municipal Bond ETF in the second quarter worth about $509,000. Wealthgarden F.S. LLC raised its stake in shares of American Century California Municipal Bond ETF by 87.9% in the fourth quarter. Wealthgarden F.S. LLC now owns 12,661 shares of the company’s stock worth $639,000 after acquiring an additional 5,922 shares during the last quarter. Ehrlich Financial Group lifted its position in shares of American Century California Municipal Bond ETF by 48.8% during the second 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. Finally, Ballast Rock Private Wealth LLC acquired a new position in shares of American Century California Municipal Bond ETF during the first quarter worth approximately $1,974,000.

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.