Short Interest in American Century Large Cap Equity ETF (NYSEARCA:ACLC) Rises By 1,099.9%

American Century Large Cap Equity ETF (NYSEARCA:ACLC) was the target of a significant growth in short interest in June. As of June 30th, there was short interest totaling 9,119 shares, a growth of 1,099.9% from the June 15th total of 760 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 25,295 shares, the days-to-cover ratio is currently 0.4 days.

American Century Large Cap Equity ETF Price Performance

Shares of NYSEARCA ACLC traded down $0.13 during midday trading on Friday, hitting $84.83. The company’s stock had a trading volume of 2,594 shares, compared to its average volume of 16,706. The firm has a market capitalization of $305.39 million, a price-to-earnings ratio of 25.61 and a beta of 1.03. The business’s fifty day simple moving average is $83.44 and its two-hundred day simple moving average is $79.93. American Century Large Cap Equity ETF has a 1 year low of $71.41 and a 1 year high of $85.63.

Hedge Funds Weigh In On American Century Large Cap Equity ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ACLC. Midwest Trust Co grew its stake in shares of American Century Large Cap Equity ETF by 21.4% in the first quarter. Midwest Trust Co now owns 26,458 shares of the company’s stock worth $1,950,000 after acquiring an additional 4,670 shares in the last quarter. Fifth Third Bancorp purchased a new position in American Century Large Cap Equity ETF in the first quarter worth approximately $515,000. LPL Financial LLC grew its holdings in American Century Large Cap Equity ETF by 28.2% during the 4th quarter. LPL Financial LLC now owns 6,788 shares of the company’s stock worth $532,000 after acquiring an additional 1,495 shares in the last quarter. New Hampshire Trust grew its holdings in American Century Large Cap Equity ETF by 18.2% during the 4th quarter. New Hampshire Trust now owns 5,326 shares of the company’s stock worth $417,000 after acquiring an additional 820 shares in the last quarter. Finally, Pursuit Wealth Management LLC purchased a new stake in shares of American Century Large Cap Equity ETF in the 4th quarter valued at approximately $3,444,000.

About American Century Large Cap Equity ETF

The American Century Large Cap Equity ETF (ACLC) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed, non-transparent fund of US companies that are screened by a combination of fundamental measures and ESG metrics. The fund utilizes the Natixis/NYSE non-transparent model. ACLC was launched on Jul 13, 2020 and is issued by American Century Investments.