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

American Century California Municipal Bond ETF (NYSEARCA:CATF) was the recipient of a large increase in short interest in March. As of March 31st, there was short interest totaling 5,693 shares, an increase of 50.5% from the March 15th total of 3,783 shares. Based on an average daily volume of 6,981 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.4% of the company’s stock are short sold.

Hedge Funds Weigh In On American Century California Municipal Bond ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Miracle Mile Advisors LLC acquired a new position in American Century California Municipal Bond ETF in the third quarter valued at about $18,395,000. American Century Companies Inc. raised its stake in shares of American Century California Municipal Bond ETF by 9.8% in the 3rd quarter. American Century Companies Inc. now owns 325,500 shares of the company’s stock valued at $16,215,000 after acquiring an additional 29,000 shares during the period. Jane Street Group LLC purchased a new stake in shares of American Century California Municipal Bond ETF in the 2nd quarter valued at approximately $585,000. Weaver Consulting Group boosted its position in shares of American Century California Municipal Bond ETF by 23.0% during the 4th quarter. Weaver Consulting Group now owns 49,929 shares of the company’s stock worth $2,497,000 after purchasing an additional 9,349 shares during the period. Finally, San Luis Wealth Advisors LLC grew its holdings in American Century California Municipal Bond ETF by 7.0% during the 4th quarter. San Luis Wealth Advisors LLC now owns 143,117 shares of the company’s stock valued at $7,157,000 after buying an additional 9,331 shares during the last quarter.

American Century California Municipal Bond ETF Trading Up 0.1%

Shares of CATF stock opened at $50.16 on Thursday. The company has a 50 day moving average price of $50.32 and a 200-day moving average price of $50.22. American Century California Municipal Bond ETF has a 52 week low of $47.97 and a 52 week high of $51.09.

American Century California Municipal Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, February 9th. Investors of record on Thursday, February 5th were given a dividend of $0.184 per share. This is a boost from American Century California Municipal Bond ETF’s previous monthly dividend of $0.14. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date was Thursday, February 5th.

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.