American Century Multisector Income ETF (NYSEARCA:MUSI) Sees Significant Decline in Short Interest

American Century Multisector Income ETF (NYSEARCA:MUSI) saw a significant decline in short interest in January. As of January 30th, there was short interest totaling 7,692 shares, a decline of 70.0% from the January 15th total of 25,680 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 13,941 shares, the days-to-cover ratio is currently 0.6 days. Based on an average daily volume of 13,941 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.2% of the shares of the stock are sold short.

Institutional Investors Weigh In On American Century Multisector Income ETF

Hedge funds have recently made changes to their positions in the company. JM2 Capital Inc. bought a new position in American Century Multisector Income ETF during the 4th quarter valued at about $211,000. Thrivent Financial for Lutherans acquired a new stake in shares of American Century Multisector Income ETF during the third quarter worth approximately $212,000. Kestra Advisory Services LLC raised its stake in shares of American Century Multisector Income ETF by 7.2% in the fourth quarter. Kestra Advisory Services LLC now owns 11,329 shares of the company’s stock valued at $500,000 after acquiring an additional 761 shares during the last quarter. Flynn Zito Capital Management LLC raised its stake in shares of American Century Multisector Income ETF by 6.9% in the fourth quarter. Flynn Zito Capital Management LLC now owns 15,514 shares of the company’s stock valued at $685,000 after acquiring an additional 996 shares during the last quarter. Finally, Commonwealth Equity Services LLC boosted its holdings in shares of American Century Multisector Income ETF by 1.7% in the 4th quarter. Commonwealth Equity Services LLC now owns 19,342 shares of the company’s stock worth $854,000 after acquiring an additional 326 shares in the last quarter.

American Century Multisector Income ETF Price Performance

Shares of American Century Multisector Income ETF stock traded up $0.11 during midday trading on Friday, hitting $44.60. 6,079 shares of the company were exchanged, compared to its average volume of 11,146. American Century Multisector Income ETF has a 52 week low of $41.78 and a 52 week high of $44.75. The firm has a 50 day simple moving average of $44.24 and a 200-day simple moving average of $44.26.

American Century Multisector Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, February 9th. Stockholders of record on Thursday, February 5th were paid a $0.203 dividend. The ex-dividend date was Thursday, February 5th. This represents a c) annualized dividend and a dividend yield of 5.5%. This is a boost from American Century Multisector Income ETF’s previous monthly dividend of $0.19.

American Century Multisector Income ETF Company Profile

The American Century Multisector Income ETF (MUSI) is an exchange-traded fund that is based on the Bloomberg U.S. Aggregate Bond index. The fund seeks to provide a high level of current income via an actively managed broad-based, global bond portfolio without a specific target duration. MUSI was launched on Jun 29, 2021 and is managed by American Century Investments.