iShares Short-Term California Muni Active ETF (NASDAQ:CALI – Get Free Report) was the recipient of a significant decrease in short interest in June. As of June 30th, there was short interest totaling 6,402 shares, a decrease of 79.9% from the June 15th total of 31,855 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 77,613 shares, the short-interest ratio is currently 0.1 days.
Institutional Trading of iShares Short-Term California Muni Active ETF
A number of institutional investors have recently modified their holdings of the business. McIlrath & Eck LLC acquired a new position in iShares Short-Term California Muni Active ETF during the first quarter worth $1,390,000. Diversified Portfolios Inc. purchased a new position in iShares Short-Term California Muni Active ETF in the fourth quarter worth $629,000. Union Savings Bank acquired a new stake in iShares Short-Term California Muni Active ETF in the fourth quarter valued at $350,000. Graybill Wealth Management LTD. acquired a new stake in iShares Short-Term California Muni Active ETF in the third quarter valued at $304,000. Finally, JPMorgan Chase & Co. purchased a new stake in shares of iShares Short-Term California Muni Active ETF during the 3rd quarter worth $46,000.
iShares Short-Term California Muni Active ETF Stock Performance
NASDAQ:CALI traded up $0.01 during mid-day trading on Friday, reaching $50.43. The stock had a trading volume of 92,216 shares, compared to its average volume of 91,120. iShares Short-Term California Muni Active ETF has a twelve month low of $50.04 and a twelve month high of $50.79. The business has a 50 day simple moving average of $50.43 and a 200 day simple moving average of $50.50. The firm has a market capitalization of $411.00 million, a price-to-earnings ratio of -149.58 and a beta of 0.05.
iShares Short-Term California Muni Active ETF Announces Dividend
About iShares Short-Term California Muni Active ETF
The iShares Short-Term California Muni Active ETF (CALI) is an exchange-traded fund that mostly invests in investment grade fixed income. CALY is an actively managed fund that primarily invests in municipal securities exempt from federal income taxes. It will hold short-term, investment grade Muni bonds issued in California while aiming for an effective portfolio duration equal to or less than 1.5 years. CALI was launched on Jul 11, 2023 and is issued by BlackRock.
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