Dimensional Global Credit ETF (NASDAQ:DGCB) Short Interest Up 7.7% in January

Dimensional Global Credit ETF (NASDAQ:DGCB) saw a large increase in short interest during the month of January. As of January 31st, there was short interest totalling 5,600 shares, an increase of 7.7% from the January 15th total of 5,200 shares. Based on an average trading volume of 67,600 shares, the short-interest ratio is currently 0.1 days.

Dimensional Global Credit ETF Price Performance

DGCB traded down $0.30 on Tuesday, hitting $52.94. 64,825 shares of the company were exchanged, compared to its average volume of 84,343. The firm has a fifty day simple moving average of $52.77 and a two-hundred day simple moving average of $53.64. Dimensional Global Credit ETF has a 12 month low of $51.57 and a 12 month high of $55.16.

Dimensional Global Credit ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, January 24th. Stockholders of record on Wednesday, January 22nd were issued a $0.0078 dividend. The ex-dividend date was Wednesday, January 22nd.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Bank of America Corp DE grew its holdings in Dimensional Global Credit ETF by 12.9% in the 4th quarter. Bank of America Corp DE now owns 814,088 shares of the company’s stock worth $42,821,000 after acquiring an additional 93,150 shares during the last quarter. Betterment LLC grew its stake in shares of Dimensional Global Credit ETF by 51.9% in the fourth quarter. Betterment LLC now owns 92,808 shares of the company’s stock worth $4,882,000 after purchasing an additional 31,701 shares during the last quarter. OneDigital Investment Advisors LLC increased its holdings in Dimensional Global Credit ETF by 35.3% during the 4th quarter. OneDigital Investment Advisors LLC now owns 145,715 shares of the company’s stock valued at $7,665,000 after purchasing an additional 38,023 shares during the period. GeoWealth Management LLC raised its position in Dimensional Global Credit ETF by 20.0% during the 4th quarter. GeoWealth Management LLC now owns 11,603 shares of the company’s stock valued at $610,000 after purchasing an additional 1,933 shares during the last quarter. Finally, Strategic Investment Solutions Inc. IL lifted its holdings in Dimensional Global Credit ETF by 22.7% in the 4th quarter. Strategic Investment Solutions Inc. IL now owns 32,540 shares of the company’s stock worth $1,780,000 after buying an additional 6,027 shares during the period.

Dimensional Global Credit ETF Company Profile

The Dimensional Global Credit ETF (DGCB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in a broad portfolio of debt securities of any credit quality that are maturing within 20 years. The fund aims to maximize total returns, while optimizing overall gains DGCB was launched on Nov 7, 2023 and is issued by Dimensional.