Short Interest in Dimensional Global Credit ETF (NASDAQ:DGCB) Expands By 135.1%

Dimensional Global Credit ETF (NASDAQ:DGCB) was the target of a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 18,100 shares, an increase of 135.1% from the February 28th total of 7,700 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average trading volume of 69,500 shares, the short-interest ratio is presently 0.3 days.

Institutional Trading of Dimensional Global Credit ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. CreativeOne Wealth LLC grew its stake in Dimensional Global Credit ETF by 68.5% in the 3rd quarter. CreativeOne Wealth LLC now owns 11,908 shares of the company’s stock valued at $653,000 after acquiring an additional 4,841 shares during the period. Virtu Financial LLC lifted its holdings in Dimensional Global Credit ETF by 532.2% during the third quarter. Virtu Financial LLC now owns 73,585 shares of the company’s stock valued at $4,035,000 after purchasing an additional 61,946 shares in the last quarter. Park Avenue Securities LLC grew its position in shares of Dimensional Global Credit ETF by 95.0% in the fourth quarter. Park Avenue Securities LLC now owns 18,144 shares of the company’s stock valued at $954,000 after purchasing an additional 8,838 shares during the period. Aspire Private Capital LLC increased its stake in shares of Dimensional Global Credit ETF by 1.8% during the fourth quarter. Aspire Private Capital LLC now owns 12,775 shares of the company’s stock worth $672,000 after purchasing an additional 232 shares in the last quarter. Finally, Firethorn Wealth Partners LLC raised its position in shares of Dimensional Global Credit ETF by 9.3% during the 4th quarter. Firethorn Wealth Partners LLC now owns 14,532 shares of the company’s stock worth $764,000 after purchasing an additional 1,238 shares during the last quarter.

Dimensional Global Credit ETF Price Performance

Shares of NASDAQ:DGCB traded up $0.23 during trading on Friday, reaching $53.07. 48,622 shares of the company’s stock traded hands, compared to its average volume of 52,975. Dimensional Global Credit ETF has a fifty-two week low of $51.57 and a fifty-two week high of $55.16. The company has a 50-day simple moving average of $53.04 and a 200-day simple moving average of $53.46.

Dimensional Global Credit ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were given a dividend of $0.122 per share. The ex-dividend date of this dividend was Tuesday, March 25th. This represents a $1.46 dividend on an annualized basis and a yield of 2.76%.

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.