Dimensional California Municipal Bond ETF (NYSEARCA:DFCA) Stock Short Interest Falls 95.7%

Dimensional California Municipal Bond ETF (NYSEARCA:DFCA) was the recipient of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 37,418 shares, a decrease of 95.7% from the September 30th total of 863,123 shares. Based on an average daily trading volume, of 232,545 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.3% of the company’s shares are short sold.

Dimensional California Municipal Bond ETF Price Performance

DFCA traded up $0.11 during midday trading on Monday, reaching $48.84. 169,232 shares of the company were exchanged, compared to its average volume of 133,224. Dimensional California Municipal Bond ETF has a one year low of $47.30 and a one year high of $50.78. The stock’s 50-day simple moving average is $48.56 and its 200 day simple moving average is $49.74.

Institutional Trading of Dimensional California Municipal Bond ETF

A number of hedge funds have recently modified their holdings of DFCA. Brookstone Capital Management bought a new position in Dimensional California Municipal Bond ETF during the 3rd quarter worth approximately $286,000. Root Financial Partners LLC increased its stake in Dimensional California Municipal Bond ETF by 68.7% in the third quarter. Root Financial Partners LLC now owns 107,819 shares of the company’s stock valued at $5,140,000 after purchasing an additional 43,902 shares in the last quarter. Retirement Planning Group LLC bought a new stake in Dimensional California Municipal Bond ETF in the third quarter valued at approximately $223,000. Signature Resources Capital Management LLC increased its stake in Dimensional California Municipal Bond ETF by 2.8% in the third quarter. Signature Resources Capital Management LLC now owns 112,675 shares of the company’s stock valued at $5,371,000 after purchasing an additional 3,102 shares in the last quarter. Finally, Elmwood Wealth Management Inc. raised its holdings in Dimensional California Municipal Bond ETF by 4.7% in the third quarter. Elmwood Wealth Management Inc. now owns 130,168 shares of the company’s stock worth $6,205,000 after purchasing an additional 5,800 shares during the period.

Dimensional California Municipal Bond ETF Company Profile

The Dimensional California Municipal Bond ETF (DFCA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that targets investment grade municipal securities that are exempt from federal and California state income tax. These securities have intermediate-term maturities in nature. DFCA was launched on Jun 26, 2023 and is managed by Dimensional.