Short Interest in BlackRock Short-Term California Muni Bond ETF (NASDAQ:CALY) Grows By 45.5%

BlackRock Short-Term California Muni Bond ETF (NASDAQ:CALY) was the target of a large growth in short interest in the month of September. As of September 15th, there was short interest totalling 3,200 shares, a growth of 45.5% from the August 31st total of 2,200 shares. Based on an average trading volume of 4,200 shares, the short-interest ratio is presently 0.8 days.

Institutional Trading of BlackRock Short-Term California Muni Bond ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CALY. Manhattan West Asset Management LLC bought a new position in BlackRock Short-Term California Muni Bond ETF in the 4th quarter worth $1,146,000. Compass Wealth Management LLC purchased a new position in BlackRock Short-Term California Muni Bond ETF during the first quarter valued at $130,000. Citizens Financial Group Inc. RI increased its holdings in BlackRock Short-Term California Muni Bond ETF by 2.5% in the 1st quarter. Citizens Financial Group Inc. RI now owns 69,731 shares of the company’s stock valued at $3,504,000 after acquiring an additional 1,698 shares during the last quarter. TriaGen Wealth Management LLC boosted its holdings in shares of BlackRock Short-Term California Muni Bond ETF by 33.7% during the 2nd quarter. TriaGen Wealth Management LLC now owns 6,867 shares of the company’s stock valued at $345,000 after purchasing an additional 1,729 shares during the last quarter. Finally, AlphaStar Capital Management LLC grew its position in shares of BlackRock Short-Term California Muni Bond ETF by 28.8% during the second quarter. AlphaStar Capital Management LLC now owns 7,818 shares of the company’s stock valued at $392,000 after purchasing an additional 1,746 shares in the last quarter.

BlackRock Short-Term California Muni Bond ETF Price Performance

Shares of CALY stock remained flat at $50.53 on Friday. The stock had a trading volume of 6,682 shares, compared to its average volume of 5,552. BlackRock Short-Term California Muni Bond ETF has a 52-week low of $49.68 and a 52-week high of $50.55. The stock’s 50-day simple moving average is $50.39 and its 200 day simple moving average is $50.24.

BlackRock Short-Term California Muni Bond ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued a $0.1283 dividend. The ex-dividend date was Tuesday, September 3rd.

BlackRock Short-Term California Muni Bond ETF Company Profile

The BlackRock Short-Term California Muni Bond ETF (CALY) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that primarily invests in municipal securities exempt from federal income taxes. It will hold short-term, investment grade Muni bonds issued in California while aiming for an effective portfolio duration equal to or less than 1.5 years.