Dimensional Global Credit ETF (NASDAQ:DGCB) Shares Shorted: Short Interest Up 438.3% in September

Dimensional Global Credit ETF (NASDAQ:DGCB) was the target of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 115,763 shares, an increase of 438.3% from the September 15th total of 21,507 shares. Based on an average trading volume of 153,796 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.5% of the company’s shares are sold short.

Institutional Trading of Dimensional Global Credit ETF

Several large investors have recently added to or reduced their stakes in the stock. Envestnet Portfolio Solutions Inc. purchased a new stake in Dimensional Global Credit ETF in the second quarter worth about $489,853,000. Envestnet Asset Management Inc. boosted its stake in Dimensional Global Credit ETF by 24.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 819,826 shares of the company’s stock worth $44,820,000 after purchasing an additional 162,981 shares in the last quarter. Allworth Financial LP grew its position in Dimensional Global Credit ETF by 40.4% during the 2nd quarter. Allworth Financial LP now owns 386,625 shares of the company’s stock valued at $21,137,000 after purchasing an additional 111,202 shares during the last quarter. AA Financial Advisors LLC bought a new stake in Dimensional Global Credit ETF during the 1st quarter valued at about $17,125,000. Finally, RFG Advisory LLC raised its holdings in Dimensional Global Credit ETF by 4.9% in the second quarter. RFG Advisory LLC now owns 285,441 shares of the company’s stock worth $15,605,000 after buying an additional 13,448 shares during the last quarter.

Dimensional Global Credit ETF Stock Up 0.0%

Shares of Dimensional Global Credit ETF stock opened at $52.20 on Friday. Dimensional Global Credit ETF has a one year low of $51.73 and a one year high of $56.03. The business’s 50 day simple moving average is $52.84 and its two-hundred day simple moving average is $53.84.

About Dimensional Global Credit ETF

The Dimensional Global Credit ETF (DGCB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in a broad portfolio of debt securities of any credit quality that are maturing within 20 years. The fund aims to maximize total returns, while optimizing overall gains DGCB was launched on Nov 7, 2023 and is issued by Dimensional.