Short Interest in American Century Multisector Income ETF (NYSEARCA:MUSI) Rises By 1,469.5%

by · The Cerbat Gem

American Century Multisector Income ETF (NYSEARCA:MUSI – Get Free Report) saw a large growth in short interest in April. As of April 30th, there was short interest totaling 6,482 shares, a growth of 1,469.5% from the April 15th total of 413 shares. Based on an average trading volume of 17,102 shares, the short-interest ratio is currently 0.4 days. Approximately 0.1% of the company’s stock are sold short.

American Century Multisector Income ETF Trading Down 0.2%

NYSEARCA MUSI traded down $0.08 on Monday, hitting $43.70. 22,517 shares of the stock were exchanged, compared to its average volume of 14,127. American Century Multisector Income ETF has a fifty-two week low of $43.17 and a fifty-two week high of $44.80. The company has a 50-day moving average price of $43.88 and a 200-day moving average price of $44.16.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in MUSI. Raymond James Financial Inc. grew its holdings in American Century Multisector Income ETF by 6.4% during the 2nd quarter. Raymond James Financial Inc. now owns 69,501 shares of the company’s stock worth $3,064,000 after acquiring an additional 4,163 shares in the last quarter. Thrivent Financial for Lutherans acquired a new position in shares of American Century Multisector Income ETF in the 3rd quarter valued at $212,000. Envestnet Asset Management Inc. grew its position in shares of American Century Multisector Income ETF by 37.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 229,308 shares of the company’s stock valued at $10,187,000 after buying an additional 62,871 shares during the last quarter. Condor Capital Management grew its position in shares of American Century Multisector Income ETF by 1.1% in the 3rd quarter. Condor Capital Management now owns 394,163 shares of the company’s stock valued at $17,511,000 after buying an additional 4,419 shares during the last quarter. Finally, American Century Companies Inc. raised its stake in American Century Multisector Income ETF by 4.5% during the 3rd quarter. American Century Companies Inc. now owns 2,061,177 shares of the company’s stock worth $91,568,000 after acquiring an additional 88,536 shares in the last quarter.

About American Century Multisector Income ETF

(Get Free Report)

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.

Read More