Ultra-Short Fixed Income ETF (NYSEARCA:DUSB) Sees Significant Growth in Short Interest

Ultra-Short Fixed Income ETF (NYSEARCA:DUSB) saw a significant growth in short interest in October. As of October 30th, there was short interest totaling 130,617 shares, a growth of 506.6% from the October 15th total of 21,533 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 349,994 shares, the short-interest ratio is presently 0.4 days.

Ultra-Short Fixed Income ETF Stock Up 0.0%

Ultra-Short Fixed Income ETF stock traded up $0.01 during mid-day trading on Wednesday, reaching $50.64. 85,623 shares of the company were exchanged, compared to its average volume of 331,714. The business has a fifty day moving average of $50.62 and a 200 day moving average of $50.74. Ultra-Short Fixed Income ETF has a 12-month low of $50.44 and a 12-month high of $50.91.

Institutional Investors Weigh In On Ultra-Short Fixed Income ETF

A number of hedge funds have recently made changes to their positions in the stock. Root Financial Partners LLC raised its holdings in Ultra-Short Fixed Income ETF by 12.3% in the third quarter. Root Financial Partners LLC now owns 2,095,779 shares of the company’s stock worth $105,816,000 after purchasing an additional 229,529 shares in the last quarter. Financial Symmetry Inc boosted its holdings in shares of Ultra-Short Fixed Income ETF by 8.8% in the 3rd quarter. Financial Symmetry Inc now owns 210,421 shares of the company’s stock valued at $10,622,000 after buying an additional 17,059 shares in the last quarter. Vestia Personal Wealth Advisors grew its position in shares of Ultra-Short Fixed Income ETF by 87.8% in the 3rd quarter. Vestia Personal Wealth Advisors now owns 117,610 shares of the company’s stock worth $5,938,000 after buying an additional 54,990 shares during the last quarter. Farther Finance Advisors LLC grew its position in shares of Ultra-Short Fixed Income ETF by 9.6% in the 3rd quarter. Farther Finance Advisors LLC now owns 98,897 shares of the company’s stock worth $4,993,000 after buying an additional 8,660 shares during the last quarter. Finally, Coston McIsaac & Partners grew its position in shares of Ultra-Short Fixed Income ETF by 1.6% in the 3rd quarter. Coston McIsaac & Partners now owns 83,423 shares of the company’s stock worth $4,212,000 after buying an additional 1,316 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.