American Century California Municipal Bond ETF (NYSEARCA:CATF) Sees Large Decrease in Short Interest

American Century California Municipal Bond ETF (NYSEARCA:CATF) saw a large decrease in short interest in the month of October. As of October 30th, there was short interest totaling 7,776 shares, a decrease of 87.2% from the October 15th total of 60,947 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 29,487 shares, the days-to-cover ratio is presently 0.3 days.

American Century California Municipal Bond ETF Stock Down 0.7%

Shares of NYSEARCA CATF traded down $0.34 during trading on Thursday, hitting $48.85. The company had a trading volume of 18,191 shares, compared to its average volume of 15,925. The stock has a fifty day simple moving average of $48.19 and a two-hundred day simple moving average of $49.61. American Century California Municipal Bond ETF has a fifty-two week low of $46.75 and a fifty-two week high of $51.09.

Institutional Investors Weigh In On American Century California Municipal Bond ETF

A number of large investors have recently made changes to their positions in CATF. Hennion & Walsh Asset Management Inc. acquired a new stake in American Century California Municipal Bond ETF during the second quarter worth about $509,000. Envestnet Asset Management Inc. boosted its holdings in American Century California Municipal Bond ETF by 39.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 5,726 shares of the company’s stock valued at $288,000 after purchasing an additional 1,624 shares during the last quarter. Ballast Rock Private Wealth LLC boosted its holdings in American Century California Municipal Bond ETF by 0.9% in the 3rd quarter. Ballast Rock Private Wealth LLC now owns 41,818 shares of the company’s stock valued at $1,975,000 after purchasing an additional 366 shares during the last quarter. Cooper Capital Advisors LLC boosted its holdings in American Century California Municipal Bond ETF by 20.8% in the 3rd quarter. Cooper Capital Advisors LLC now owns 38,745 shares of the company’s stock valued at $1,830,000 after purchasing an additional 6,666 shares during the last quarter. Finally, Wealthgarden F.S. LLC grew its stake in shares of American Century California Municipal Bond ETF by 19.0% in the 1st quarter. Wealthgarden F.S. LLC now owns 15,069 shares of the company’s stock valued at $751,000 after buying an additional 2,408 shares during the period.

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.