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

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

Dimensional Global Credit ETF Trading Down 0.6 %

Dimensional Global Credit ETF stock traded down $0.30 during mid-day trading on Tuesday, hitting $52.94. The company had a trading volume of 64,825 shares, compared to its average volume of 84,343. Dimensional Global Credit ETF has a 12 month low of $51.57 and a 12 month high of $55.16. The stock’s 50 day moving average price is $52.77 and its two-hundred day moving average price is $53.64.

Dimensional Global Credit ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, January 24th. Investors of record on Wednesday, January 22nd were given a dividend of $0.0078 per share. The ex-dividend date was Wednesday, January 22nd.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Geneos Wealth Management Inc. purchased a new stake in shares of Dimensional Global Credit ETF during the fourth quarter valued at approximately $242,000. Symmetry Partners LLC bought a new position in Dimensional Global Credit ETF in the 4th quarter valued at approximately $283,000. IFP Advisors Inc boosted its stake in Dimensional Global Credit ETF by 16.5% during the 4th quarter. IFP Advisors Inc now owns 5,838 shares of the company’s stock valued at $307,000 after purchasing an additional 827 shares during the last quarter. Farther Finance Advisors LLC increased its holdings in shares of Dimensional Global Credit ETF by 70.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 6,306 shares of the company’s stock worth $346,000 after purchasing an additional 2,608 shares in the last quarter. Finally, Savvy Advisors Inc. increased its holdings in Dimensional Global Credit ETF by 63.6% in the 3rd quarter. Savvy Advisors Inc. now owns 6,397 shares of the company’s stock worth $351,000 after buying an additional 2,487 shares in the last quarter.

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.