American Century Focused Large Cap Value ETF (NYSEARCA:FLV) Stock Short Interest Climbs 77.7%

American Century Focused Large Cap Value ETF (NYSEARCA:FLV) saw a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 4,246 shares, a growth of 77.7% from the September 15th total of 2,390 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 9,885 shares, the days-to-cover ratio is presently 0.4 days.

American Century Focused Large Cap Value ETF Stock Up 0.4%

NYSEARCA FLV traded up $0.35 during trading on Friday, reaching $85.99. 2,745 shares of the stock traded hands, compared to its average volume of 11,486. American Century Focused Large Cap Value ETF has a fifty-two week low of $72.39 and a fifty-two week high of $88.25. The firm has a market cap of $386.10 million, a price-to-earnings ratio of 19.58 and a beta of 0.61. The stock’s 50-day moving average price is $85.53 and its 200 day moving average price is $82.59.

Hedge Funds Weigh In On American Century Focused Large Cap Value ETF

Large investors have recently added to or reduced their stakes in the company. Koenig Investment Advisory LLC increased its position in shares of American Century Focused Large Cap Value ETF by 10.3% in the third quarter. Koenig Investment Advisory LLC now owns 253,474 shares of the company’s stock valued at $20,881,000 after acquiring an additional 23,684 shares during the last quarter. Citadel Advisors LLC grew its position in shares of American Century Focused Large Cap Value ETF by 931.9% in the second quarter. Citadel Advisors LLC now owns 51,645 shares of the company’s stock valued at $4,199,000 after purchasing an additional 46,640 shares during the last quarter. Bedel Financial Consulting Inc. increased its position in American Century Focused Large Cap Value ETF by 7.9% during the 2nd quarter. Bedel Financial Consulting Inc. now owns 95,018 shares of the company’s stock worth $7,725,000 after buying an additional 6,919 shares during the period. Allen Capital Group LLC increased its position in American Century Focused Large Cap Value ETF by 4.9% during the first quarter. Allen Capital Group LLC now owns 18,803 shares of the company’s stock worth $1,442,000 after acquiring an additional 872 shares during the period. Finally, Royal Bank of Canada increased its position in American Century Focused Large Cap Value ETF by 230.0% during the first quarter. Royal Bank of Canada now owns 1,881 shares of the company’s stock worth $144,000 after acquiring an additional 1,311 shares during the period.

About American Century Focused Large Cap Value ETF

The American Century Focused Large Cap Value ETF (FLV) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed, non-transparent ETF that invests in a narrow selection of US large-cap value companies. The fund utilizes the Precidian non-transparent model. FLV was launched on Mar 31, 2020 and is issued by American Century Investments.