Short Interest in American Century California Municipal Bond ETF (NYSEARCA:CATF) Declines By 44.2%

American Century California Municipal Bond ETF (NYSEARCA:CATF) saw a large drop in short interest in the month of January. As of January 30th, there was short interest totaling 4,709 shares, a drop of 44.2% from the January 15th total of 8,438 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average daily volume of 4,815 shares, the days-to-cover ratio is currently 1.0 days. Based on an average daily volume of 4,815 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.4% of the shares of the stock are short sold.

Institutional Trading of American Century California Municipal Bond ETF

A number of institutional investors have recently bought and sold shares of CATF. Composition Wealth LLC lifted its position in American Century California Municipal Bond ETF by 2.0% during the fourth quarter. Composition Wealth LLC now owns 376,469 shares of the company’s stock valued at $18,827,000 after purchasing an additional 7,203 shares during the period. Miracle Mile Advisors LLC acquired a new position in American Century California Municipal Bond ETF in the 3rd quarter valued at about $18,395,000. American Century Companies Inc. lifted its holdings in shares of American Century California Municipal Bond ETF by 9.8% in the 3rd quarter. American Century Companies Inc. now owns 325,500 shares of the company’s stock worth $16,215,000 after acquiring an additional 29,000 shares during the last quarter. San Luis Wealth Advisors LLC increased its stake in American Century California Municipal Bond ETF by 7.0% during the 4th quarter. San Luis Wealth Advisors LLC now owns 143,117 shares of the company’s stock worth $7,157,000 after buying an additional 9,331 shares during the period. Finally, Weaver Consulting Group grew its holdings in American Century California Municipal Bond ETF by 23.0% during the 4th quarter. Weaver Consulting Group now owns 49,929 shares of the company’s stock worth $2,497,000 after acquiring an additional 9,349 shares in the last quarter.

American Century California Municipal Bond ETF Stock Up 0.0%

Shares of NYSEARCA:CATF traded up $0.01 during trading on Friday, reaching $50.72. The company’s stock had a trading volume of 1,461 shares, compared to its average volume of 4,212. The firm’s 50 day simple moving average is $50.28 and its two-hundred day simple moving average is $49.83. American Century California Municipal Bond ETF has a 12 month low of $46.96 and a 12 month high of $50.86.

American Century California Municipal Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, February 9th. Shareholders of record on Thursday, February 5th were given a dividend of $0.184 per share. This is a boost from American Century California Municipal Bond ETF’s previous monthly dividend of $0.14. The ex-dividend date of this dividend was Thursday, February 5th. This represents a c) dividend on an annualized basis and a yield of 4.4%.

American Century California Municipal Bond ETF Company Profile

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.