American Century Multisector Income ETF (NYSEARCA:MUSI) Short Interest Update

American Century Multisector Income ETF (NYSEARCA:MUSI) saw a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 40,404 shares, an increase of 50.4% from the July 30th total of 26,863 shares. Approximately 0.7% of the company’s stock are sold short. Based on an average daily trading volume, of 38,345 shares, the days-to-cover ratio is presently 1.1 days.

American Century Multisector Income ETF Stock Performance

Shares of MUSI opened at $43.01 on Thursday. American Century Multisector Income ETF has a 1-year low of $42.97 and a 1-year high of $44.80. The company’s fifty day simple moving average is $43.32 and its 200 day simple moving average is $43.66.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Osaic Holdings Inc. lifted its stake in American Century Multisector Income ETF by 11.5% in the 4th quarter. Osaic Holdings Inc. now owns 7,226 shares of the company’s stock valued at $319,000 after purchasing an additional 746 shares during the last quarter. Kestra Advisory Services LLC increased its position in American Century Multisector Income ETF by 7.2% during the fourth quarter. Kestra Advisory Services LLC now owns 11,329 shares of the company’s stock worth $500,000 after buying an additional 761 shares during the last quarter. Flynn Zito Capital Management LLC increased its position in American Century Multisector Income ETF by 6.9% during the fourth quarter. Flynn Zito Capital Management LLC now owns 15,514 shares of the company’s stock worth $685,000 after buying an additional 996 shares during the last quarter. Commonwealth Equity Services LLC raised its stake in American Century Multisector Income ETF by 1.7% in the fourth quarter. Commonwealth Equity Services LLC now owns 19,342 shares of the company’s stock valued at $854,000 after buying an additional 326 shares during the period. Finally, Ameritas Advisory Services LLC bought a new stake in American Century Multisector Income ETF in the second quarter valued at approximately $866,000.

About American Century Multisector Income ETF

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.