American Century California Municipal Bond ETF (NYSEARCA:CATF) Short Interest Update
by Kim Johansen · The Markets DailyAmerican Century California Municipal Bond ETF (NYSEARCA:CATF – Get Free Report) saw a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 19,331 shares, a growth of 25.0% from the November 30th total of 15,469 shares. Based on an average daily volume of 5,006 shares, the days-to-cover ratio is presently 3.9 days. Currently, 1.8% of the company’s stock are sold short. Currently, 1.8% of the company’s stock are sold short. Based on an average daily volume of 5,006 shares, the days-to-cover ratio is presently 3.9 days.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the stock. Miracle Mile Advisors LLC bought a new stake in shares of American Century California Municipal Bond ETF in the 3rd quarter worth about $18,395,000. American Century Companies Inc. increased its holdings in American Century California Municipal Bond ETF by 9.8% in the third quarter. American Century Companies Inc. now owns 325,500 shares of the company’s stock valued at $16,215,000 after buying an additional 29,000 shares during the last quarter. Weaver Consulting Group raised its stake in American Century California Municipal Bond ETF by 4.2% during the third quarter. Weaver Consulting Group now owns 40,580 shares of the company’s stock valued at $2,022,000 after buying an additional 1,630 shares in the last quarter. Cooper Capital Advisors LLC raised its stake in American Century California Municipal Bond ETF by 1.2% during the second quarter. Cooper Capital Advisors LLC now owns 17,037 shares of the company’s stock valued at $828,000 after buying an additional 209 shares in the last quarter. Finally, Jane Street Group LLC bought a new position in American Century California Municipal Bond ETF during the 2nd quarter worth approximately $585,000.
American Century California Municipal Bond ETF Stock Performance
Shares of American Century California Municipal Bond ETF stock traded down $0.03 on Thursday, hitting $50.01. 4,050 shares of the company’s stock traded hands, compared to its average volume of 5,072. American Century California Municipal Bond ETF has a 52-week low of $46.96 and a 52-week high of $50.58. The firm’s 50-day moving average is $50.16 and its 200 day moving average is $49.39.
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.