Short Interest in American Century California Municipal Bond ETF (NYSEARCA:CATF) Declines By 52.1%

American Century California Municipal Bond ETF (NYSEARCA:CATF) was the target of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 3,921 shares, a decrease of 52.1% from the May 31st total of 8,181 shares. Based on an average daily trading volume, of 5,329 shares, the short-interest ratio is presently 0.7 days. Currently, 0.3% of the shares of the company are sold short.

Institutional Trading of American Century California Municipal Bond ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Ehrlich Financial Group increased its stake in American Century California Municipal Bond ETF by 14.5% in the 4th quarter. Ehrlich Financial Group now owns 13,356 shares of the company’s stock valued at $668,000 after buying an additional 1,694 shares during the period. Wealthgarden F.S. LLC increased its stake in shares of American Century California Municipal Bond ETF by 19.0% in the first quarter. Wealthgarden F.S. LLC now owns 15,069 shares of the company’s stock worth $751,000 after purchasing an additional 2,408 shares during the period. Kestra Advisory Services LLC acquired a new position in shares of American Century California Municipal Bond ETF during the 4th quarter worth about $123,000. Citadel Advisors LLC acquired a new position in shares of American Century California Municipal Bond ETF during the 3rd quarter worth about $224,000. Finally, Clifford Swan Investment Counsel LLC bought a new stake in American Century California Municipal Bond ETF during the 1st quarter valued at approximately $274,000.

American Century California Municipal Bond ETF Stock Performance

CATF traded down $0.15 during trading on Tuesday, hitting $50.34. The stock had a trading volume of 5,864 shares, compared to its average volume of 6,834. American Century California Municipal Bond ETF has a twelve month low of $48.08 and a twelve month high of $51.09. The company’s 50-day moving average price is $50.18 and its 200 day moving average price is $50.25.

About American Century California Municipal Bond ETF

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.