American Century California Municipal Bond ETF (NYSEARCA:CATF) Sees Significant Growth in Short Interest

American Century California Municipal Bond ETF (NYSEARCA:CATF) was the target of a large increase in short interest in October. As of October 15th, there was short interest totaling 60,947 shares, an increase of 177.4% from the September 30th total of 21,972 shares. Based on an average daily trading volume, of 30,553 shares, the short-interest ratio is currently 2.0 days. Approximately 2.0% of the company’s stock are sold short.

Hedge Funds Weigh In On American Century California Municipal Bond ETF

Several large investors have recently bought and sold shares of the stock. Cooper Capital Advisors LLC lifted its holdings in shares of American Century California Municipal Bond ETF by 20.8% in the 3rd quarter. Cooper Capital Advisors LLC now owns 38,745 shares of the company’s stock valued at $1,830,000 after purchasing an additional 6,666 shares during the last quarter. Ballast Rock Private Wealth LLC boosted its position in shares of American Century California Municipal Bond ETF by 0.9% in the 3rd quarter. Ballast Rock Private Wealth LLC now owns 41,818 shares of the company’s stock valued at $1,975,000 after purchasing an additional 366 shares during the period. Envestnet Asset Management Inc. boosted its position in shares of American Century California Municipal Bond ETF by 39.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 5,726 shares of the company’s stock valued at $288,000 after purchasing an additional 1,624 shares during the period. Ehrlich Financial Group grew its stake in American Century California Municipal Bond ETF by 48.8% during the 2nd quarter. Ehrlich Financial Group now owns 21,389 shares of the company’s stock worth $1,075,000 after buying an additional 7,017 shares during the last quarter. Finally, Hennion & Walsh Asset Management Inc. purchased a new position in American Century California Municipal Bond ETF during the 2nd quarter worth approximately $509,000.

American Century California Municipal Bond ETF Stock Up 0.4%

NYSEARCA CATF opened at $48.84 on Friday. The firm’s fifty day moving average price is $48.23 and its 200 day moving average price is $49.66. American Century California Municipal Bond ETF has a 12 month low of $46.75 and a 12 month high of $51.09.

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.