American Century Multisector Income ETF (NYSEARCA:MUSI) Sees Significant Increase in Short Interest
by Renee Jackson · The Cerbat GemAmerican Century Multisector Income ETF (NYSEARCA:MUSI – Get Free Report) was the recipient of a large growth in short interest in the month of December. As of December 15th, there was short interest totaling 15,368 shares, a growth of 29.9% from the November 30th total of 11,834 shares. Currently, 0.4% of the shares of the company are short sold. Based on an average daily trading volume, of 23,414 shares, the short-interest ratio is presently 0.7 days. Based on an average daily trading volume, of 23,414 shares, the short-interest ratio is presently 0.7 days. Currently, 0.4% of the shares of the company are short sold.
American Century Multisector Income ETF Trading Down 0.2%
Shares of MUSI stock traded down $0.07 on Thursday, hitting $44.16. The company’s stock had a trading volume of 15,231 shares, compared to its average volume of 15,785. American Century Multisector Income ETF has a fifty-two week low of $41.78 and a fifty-two week high of $44.75. The stock’s 50 day moving average is $44.26 and its 200-day moving average is $44.14.
Institutional Investors Weigh In On American Century Multisector Income ETF
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Raymond James Financial Inc. raised its holdings in shares of 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 buying an additional 4,163 shares in the last quarter. Condor Capital Management grew its position in American Century Multisector Income ETF by 1.1% in the third quarter. Condor Capital Management now owns 394,163 shares of the company’s stock valued at $17,511,000 after acquiring an additional 4,419 shares during the last quarter. Thrivent Financial for Lutherans acquired a new position in American Century Multisector Income ETF during the third quarter worth about $212,000. Envestnet Asset Management Inc. lifted its holdings in shares of American Century Multisector Income ETF by 37.8% in the third quarter. Envestnet Asset Management Inc. now owns 229,308 shares of the company’s stock worth $10,187,000 after acquiring an additional 62,871 shares during the last quarter. Finally, American Century Companies Inc. lifted its holdings in shares of American Century Multisector Income ETF by 4.5% in the third 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 during the last quarter.
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.