American Century Multisector Income ETF (NYSEARCA:MUSI – Get Free Report) was the recipient of a significant growth in short interest in June. As of June 30th, there was short interest totaling 22,353 shares, a growth of 90.7% from the June 15th total of 11,721 shares. Based on an average daily trading volume, of 14,090 shares, the days-to-cover ratio is presently 1.6 days. Approximately 0.4% of the shares of the stock are sold short.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the stock. JM2 Capital Inc. purchased a new position in shares of American Century Multisector Income ETF during the fourth quarter valued at about $211,000. Osaic Holdings Inc. lifted its position in shares of American Century Multisector Income ETF by 11.5% in the fourth quarter. Osaic Holdings Inc. now owns 7,226 shares of the company’s stock worth $319,000 after buying an additional 746 shares in the last quarter. Kestra Advisory Services LLC boosted its stake 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 valued at $500,000 after buying an additional 761 shares during the last quarter. Flynn Zito Capital Management LLC boosted its stake 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 valued at $685,000 after buying an additional 996 shares during the last quarter. Finally, Commonwealth Equity Services LLC grew its holdings in American Century Multisector Income ETF by 1.7% during the 4th 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 in the last quarter.
American Century Multisector Income ETF Price Performance
Shares of NYSEARCA:MUSI traded down $0.05 during midday trading on Thursday, reaching $43.41. 14,647 shares of the company were exchanged, compared to its average volume of 16,482. The business’s fifty day moving average is $43.58 and its two-hundred day moving average is $43.92. American Century Multisector Income ETF has a one year low of $43.15 and a one year high of $44.80.
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.
See Also
- Five stocks we like better than American Century Multisector Income ETF
- Why Abbott Laboratories Stock Is Suddenly Winning Back Wall Street
- Revving Up Returns: Big Banks Race Through the Rate Plateau
- Why Uber’s Biggest Deal Yet Could Unlock Its Next Growth Phase
- Why Microsoft Is Playing a Different AI Game Than Big Tech—and Cash Flow Is the Test
Receive News & Ratings for American Century Multisector Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Century Multisector Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
