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 significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 86,225 shares, a growth of 1,772.8% from the January 15th total of 4,604 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average trading volume of 253,403 shares, the days-to-cover ratio is presently 0.3 days. Based on an average trading volume of 253,403 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.3% of the shares of the stock are sold short.

Ultra-Short Fixed Income ETF Stock Up 0.0%

NYSEARCA DUSB traded up $0.02 on Wednesday, hitting $50.83. 24,700 shares of the company’s stock were exchanged, compared to its average volume of 254,696. The stock has a 50-day moving average of $50.73 and a 200-day moving average of $50.77. Ultra-Short Fixed Income ETF has a 52 week low of $50.21 and a 52 week high of $50.90.

Ultra-Short Fixed Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, January 23rd. Investors of record on Wednesday, January 21st were issued a dividend of $0.0728 per share. The ex-dividend date of this dividend was Wednesday, January 21st. This represents a c) annualized dividend and a dividend yield of 1.7%.

Hedge Funds Weigh In On Ultra-Short Fixed Income ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Root Financial Partners LLC grew its stake in shares of Ultra-Short Fixed Income ETF by 57.0% during the third quarter. Root Financial Partners LLC now owns 955,780 shares of the company’s stock worth $48,535,000 after buying an additional 347,155 shares during the last quarter. Vestia Personal Wealth Advisors boosted its holdings in shares of Ultra-Short Fixed Income ETF by 596.8% during the 3rd quarter. Vestia Personal Wealth Advisors now owns 75,828 shares of the company’s stock valued at $3,851,000 after acquiring an additional 64,945 shares in the last quarter. Torren Management LLC bought a new stake in Ultra-Short Fixed Income ETF during the 4th quarter worth $2,354,000. Farther Finance Advisors LLC grew its position in Ultra-Short Fixed Income ETF by 419.5% during the 4th quarter. Farther Finance Advisors LLC now owns 51,674 shares of the company’s stock worth $2,617,000 after acquiring an additional 41,727 shares during the last quarter. Finally, Financial Symmetry Inc increased its holdings in Ultra-Short Fixed Income ETF by 36.1% in the 4th quarter. Financial Symmetry Inc now owns 147,918 shares of the company’s stock worth $7,492,000 after purchasing an additional 39,251 shares in 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.