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

American Century California Municipal Bond ETF (NYSEARCA:CATFGet Free Report) saw a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 3,921 shares, a drop of 52.1% from the May 31st total of 8,181 shares. Based on an average daily trading volume, of 5,329 shares, the short-interest ratio is presently 0.7 days. Approximately 0.3% of the shares of the company are short sold.

American Century California Municipal Bond ETF Trading Up 0.1%

Shares of NYSEARCA CATF opened at $50.34 on Thursday. American Century California Municipal Bond ETF has a twelve month low of $48.08 and a twelve month high of $51.09. The business has a 50 day simple moving average of $50.18 and a 200-day simple moving average of $50.25.

Hedge Funds Weigh In On American Century California Municipal Bond ETF

A number of hedge funds have recently added to or reduced their stakes in CATF. Kestra Advisory Services LLC bought a new stake in American Century California Municipal Bond ETF during the fourth quarter valued at $123,000. Citadel Advisors LLC acquired a new stake in shares of American Century California Municipal Bond ETF during the third quarter worth $224,000. Clifford Swan Investment Counsel LLC bought a new position in shares of American Century California Municipal Bond ETF in the 1st quarter worth about $274,000. Mariner LLC bought a new position in shares of American Century California Municipal Bond ETF in the 4th quarter worth about $368,000. Finally, Farther Finance Advisors LLC acquired a new position in shares of American Century California Municipal Bond ETF in the 4th quarter valued at about $432,000.

About American Century California Municipal Bond ETF

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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.

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