American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF) Short Interest Up 416.7% in May

American Century Diversified Municipal Bond ETF (NYSEARCA:TAXFGet Free Report) was the target of a significant growth in short interest in May. As of May 31st, there was short interest totalling 9,300 shares, a growth of 416.7% from the May 15th total of 1,800 shares. Based on an average trading volume of 59,700 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the shares of the company are short sold.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in TAXF. Steward Partners Investment Advisory LLC bought a new position in American Century Diversified Municipal Bond ETF in the 4th quarter valued at approximately $32,000. Farther Finance Advisors LLC bought a new position in American Century Diversified Municipal Bond ETF in the 1st quarter valued at approximately $39,000. Blue Trust Inc. bought a new position in American Century Diversified Municipal Bond ETF in the 4th quarter valued at approximately $97,000. AlphaCore Capital LLC bought a new position in American Century Diversified Municipal Bond ETF in the 1st quarter valued at approximately $97,000. Finally, Mather Group LLC. bought a new position in American Century Diversified Municipal Bond ETF in the 1st quarter valued at approximately $130,000.

American Century Diversified Municipal Bond ETF Trading Down 0.1%

Shares of American Century Diversified Municipal Bond ETF stock opened at $48.71 on Friday. American Century Diversified Municipal Bond ETF has a 12-month low of $46.58 and a 12-month high of $51.63. The firm’s 50-day moving average price is $48.57 and its two-hundred day moving average price is $49.64.

About American Century Diversified Municipal Bond ETF

(Get Free Report)

The American Century Diversified Municipal Bond ETF (TAXF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed portfolio of US municipal bonds. The fund seeks current income that is exempt from federal taxes. TAXF was launched on Sep 10, 2018 and is managed by American Century Investments.

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