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 growth in short interest in the month of March. As of March 15th, there was short interest totalling 18,100 shares, a growth of 135.1% from the February 28th total of 7,700 shares. Based on an average daily trading volume, of 69,500 shares, the short-interest ratio is presently 0.3 days. Currently, 0.2% of the shares of the company are sold short.

Institutional Trading of Dimensional Global Credit ETF

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

Dimensional Global Credit ETF Price Performance

Shares of DGCB traded up $0.23 during trading hours on Friday, reaching $53.07. 48,622 shares of the company traded hands, compared to its average volume of 52,975. The business has a fifty day moving average price of $53.04 and a 200-day moving average price of $53.46. Dimensional Global Credit ETF has a 12-month low of $51.57 and a 12-month high of $55.16.

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. This represents a $1.46 dividend on an annualized basis and a yield of 2.76%. The ex-dividend date of this dividend was Tuesday, March 25th.

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.