Ultra-Short Fixed Income ETF (NYSEARCA:DUSB) Sees Large Increase in Short Interest

Ultra-Short Fixed Income ETF (NYSEARCA:DUSB) was the target of a large increase in short interest in December. As of December 15th, there was short interest totaling 101,564 shares, an increase of 127.2% from the November 30th total of 44,704 shares. Based on an average daily volume of 242,259 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.3% of the company’s stock are sold short. Approximately 0.3% of the company’s stock are sold short. Based on an average daily volume of 242,259 shares, the days-to-cover ratio is presently 0.4 days.

Ultra-Short Fixed Income ETF Price Performance

Shares of DUSB stock opened at $50.64 on Monday. Ultra-Short Fixed Income ETF has a 52-week low of $50.21 and a 52-week high of $50.90. The company’s 50 day moving average is $50.76 and its 200 day moving average is $50.78.

Hedge Funds Weigh In On Ultra-Short Fixed Income ETF

A number of large investors have recently added to or reduced their stakes in DUSB. Farther Finance Advisors LLC grew its position in shares of Ultra-Short Fixed Income ETF by 63.8% in the 2nd quarter. Farther Finance Advisors LLC now owns 9,935 shares of the company’s stock worth $504,000 after buying an additional 3,869 shares during the last quarter. Vestia Personal Wealth Advisors grew its holdings in Ultra-Short Fixed Income ETF by 148.1% in the second quarter. Vestia Personal Wealth Advisors now owns 10,883 shares of the company’s stock worth $552,000 after purchasing an additional 6,496 shares during the last quarter. Family CFO Inc increased its position in shares of Ultra-Short Fixed Income ETF by 63.0% during the second quarter. Family CFO Inc now owns 15,460 shares of the company’s stock worth $785,000 after purchasing an additional 5,977 shares in the last quarter. Financial Symmetry Inc increased its position in shares of Ultra-Short Fixed Income ETF by 23.3% during the second quarter. Financial Symmetry Inc now owns 73,025 shares of the company’s stock worth $3,706,000 after purchasing an additional 13,790 shares in the last quarter. Finally, Studio Investment Management LLC lifted its holdings in shares of Ultra-Short Fixed Income ETF by 25.7% during the 2nd quarter. Studio Investment Management LLC now owns 16,477 shares of the company’s stock valued at $836,000 after purchasing an additional 3,366 shares during the last quarter.

Ultra-Short Fixed Income ETF Company Profile

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.