American Century Multisector Income ETF (NYSEARCA:MUSI) Short Interest Up 90.7% in June

by · The Cerbat Gem

American Century Multisector Income ETF (NYSEARCA:MUSI – Get Free Report) saw 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. Currently, 0.4% of the shares of the company are short sold. Based on an average daily volume of 14,090 shares, the short-interest ratio is presently 1.6 days.

American Century Multisector Income ETF Stock Performance

NYSEARCA:MUSI traded down $0.05 during mid-day trading on Thursday, hitting $43.41. 14,647 shares of the company traded hands, compared to its average volume of 16,482. The stock’s fifty day moving average price is $43.58 and its 200-day moving average price is $43.92. American Century Multisector Income ETF has a one year low of $43.15 and a one year high of $44.80.

Institutional Investors Weigh In On American Century Multisector Income ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in MUSI. JM2 Capital Inc. purchased a new position in American Century Multisector Income ETF during the fourth quarter valued at approximately $211,000. Osaic Holdings Inc. increased its stake 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 purchasing an additional 746 shares in the last quarter. Kestra Advisory Services LLC raised its position in shares of American Century Multisector Income ETF by 7.2% during the 4th quarter. Kestra Advisory Services LLC now owns 11,329 shares of the company’s stock valued at $500,000 after purchasing an additional 761 shares during the period. Flynn Zito Capital Management LLC lifted its stake in shares of American Century Multisector Income ETF by 6.9% during the 4th 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 in the last quarter. Finally, Commonwealth Equity Services LLC lifted its position in shares of 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 acquiring an additional 326 shares in the last quarter.

American Century Multisector Income ETF Company Profile

(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.

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