Dimensional Global Credit ETF (NASDAQ:DGCB) Short Interest Up 41.8% in March

Dimensional Global Credit ETF (NASDAQ:DGCB) was the recipient of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 51,600 shares, an increase of 41.8% from the February 29th total of 36,400 shares. Based on an average daily trading volume, of 35,200 shares, the days-to-cover ratio is currently 1.5 days.

Dimensional Global Credit ETF Stock Up 0.0 %

Shares of NASDAQ:DGCB traded up $0.02 during trading on Friday, reaching $52.95. 518,070 shares of the stock traded hands, compared to its average volume of 44,626. The firm’s 50-day moving average price is $52.72. Dimensional Global Credit ETF has a 52-week low of $50.06 and a 52-week high of $53.46.

Dimensional Global Credit ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, March 22nd. Stockholders of record on Wednesday, March 20th were issued a dividend of $0.161 per share. This represents a $1.93 dividend on an annualized basis and a dividend yield of 3.65%. The ex-dividend date was Tuesday, March 19th.

Institutional Investors Weigh In On Dimensional Global Credit ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. bought a new stake in Dimensional Global Credit ETF in the 4th quarter worth approximately $6,436,000. Townsquare Capital LLC bought a new stake in Dimensional Global Credit ETF in the 4th quarter worth approximately $263,000. Comerica Bank bought a new stake in Dimensional Global Credit ETF in the 4th quarter worth approximately $78,000. Virtu Financial LLC bought a new stake in Dimensional Global Credit ETF in the 4th quarter worth approximately $820,000. Finally, Orion Portfolio Solutions LLC bought a new stake in Dimensional Global Credit ETF in the 4th quarter worth approximately $1,967,000.