Dimensional Global Core Plus Fixed Income ETF (NASDAQ:DFGP) Sees Significant Rise in Short Interest for February
The Dimensional Global Core Plus Fixed Income ETF (NASDAQ:DFGP – Get Free Report) experienced a notable surge in short interest during February. By the end of the month, specifically on February 28th, the total short interest reached 46,600 shares. This marks a substantial increase of 32.4% from the figure of 35,200 shares reported on February 13th. With an average trading volume of 125,100 shares, the current days-to-cover ratio stands at approximately 0.4 days. Furthermore, about 0.2% of the company's total shares are currently sold short.
Institutional Holdings Adjustments
Several large investors have recently adjusted their positions in the Dimensional Global Core Plus Fixed Income ETF. During the fourth quarter, EverSource Wealth Advisors LLC acquired a new stake in DFGP valued at around $39,000. Similarly, Kestra Investment Management LLC also purchased a new position worth about $56,000 during the same period. Coston McIsaac & Partners increased their stake in the ETF by an impressive 177.6%, now holding a total of 1,760 shares valued at approximately $92,000 after acquiring an additional 1,126 shares. Concord Wealth Partners joined in by buying a new stake worth approximately $188,000 in the ETF. Lastly, Savvy Advisors Inc. made a new investment in the Dimensional Global Core Plus Fixed Income ETF, valued at around $201,000.
Current Stock Performance of Dimensional Global Core Plus Fixed Income ETF
As of Wednesday, NASDAQ DFGP opened at a price of $53.34. Over the past year, the ETF has recorded a 52-week low of $51.86 and a high of $55.46. The 50-day moving average price is currently $53.14, while the 200-day moving average price is $53.84.
Dividend Announcement
Recently, the firm announced a dividend payment that was issued on Friday, February 21st. Shareholders on record as of Wednesday, February 19th, received a dividend of $0.0212 per share. The ex-dividend date fell on the same day, February 19th.
Company Overview of Dimensional Global Core Plus Fixed Income ETF
The Dimensional Global Core Plus Fixed Income ETF (DFGP) is an actively managed exchange-traded fund predominantly focused on broad credit fixed-income investments. The objective of the fund is to maximize total returns by investing across the global fixed income arena. Its holdings encompass debt securities with varying credit qualities and maturities of up to 20 years.
ETF, Stocks, Investing