American Century U.S. Quality Value ETF (NYSEARCA:VALQ) Stock Short Interest Rises 302.9%

American Century U.S. Quality Value ETF (NYSEARCA:VALQ – Get Free Report) saw a large growth in short interest in September. As of September 15th, there was short interest totaling 16,767 shares, a growth of 302.9% from the August 31st total of 4,162 shares. Based on an average daily trading volume, of 5,332 shares, the short-interest ratio is currently 3.1 days. Currently, 0.4% of the shares of the stock are short sold.

American Century U.S. Quality Value ETF Price Performance

Shares of VALQ stock traded up $0.38 on Friday, hitting $70.54. 2,724 shares of the company’s stock were exchanged, compared to its average volume of 10,552. The company has a 50 day moving average of $71.28 and a 200 day moving average of $68.71. The stock has a market cap of $330.12 million, a P/E ratio of 17.16 and a beta of 0.81. American Century U.S. Quality Value ETF has a 12 month low of $62.30 and a 12 month high of $73.17.

Institutional Investors Weigh In On American Century U.S. Quality Value ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Rubicon Advisors GP bought a new position in American Century U.S. Quality Value ETF in the 4th quarter valued at approximately $340,000. Royal Bank of Canada lifted its stake in shares of American Century U.S. Quality Value ETF by 18.6% in the 1st quarter. Royal Bank of Canada now owns 6,626 shares of the company’s stock valued at $431,000 after acquiring an additional 1,039 shares during the last quarter. Beam Wealth Advisors Inc. acquired a new stake in shares of American Century U.S. Quality Value ETF during the 1st quarter valued at $735,000. Ameritas Advisory Services LLC boosted its holdings in shares of American Century U.S. Quality Value ETF by 69.6% during the 2nd quarter. Ameritas Advisory Services LLC now owns 83,699 shares of the company’s stock valued at $5,835,000 after acquiring an additional 34,350 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its holdings in American Century U.S. Quality Value ETF by 5.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 924,716 shares of the company’s stock worth $64,463,000 after purchasing an additional 51,747 shares in the last quarter.

About American Century U.S. Quality Value ETF

(Get Free Report)

The American Century STOXX U.S. Quality Value ETF (VALQ) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap US companies that are selected and weighted based on value and income characteristics. VALQ was launched on Jan 11, 2018 and is managed by American Century Investments.

Further Reading

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