American Century Multisector Floating Income ETF (NYSEARCA:FUSI) Sees Large Increase in Short Interest

American Century Multisector Floating Income ETF (NYSEARCA:FUSI) was the recipient of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 37,007 shares, a growth of 200.0% from the August 15th total of 12,336 shares. Currently, 8.2% of the company’s shares are short sold. Based on an average daily volume of 23,154 shares, the short-interest ratio is currently 1.6 days.

American Century Multisector Floating Income ETF Trading Down 0.0%

FUSI traded down $0.01 during trading on Friday, hitting $50.44. 65,872 shares of the stock were exchanged, compared to its average volume of 5,379. The firm has a 50 day simple moving average of $50.55 and a 200 day simple moving average of $50.47. American Century Multisector Floating Income ETF has a 1 year low of $50.10 and a 1 year high of $50.87.

Hedge Funds Weigh In On American Century Multisector Floating Income ETF

Several institutional investors have recently made changes to their positions in the company. Jane Street Group LLC raised its holdings in shares of American Century Multisector Floating Income ETF by 195.0% in the fourth quarter. Jane Street Group LLC now owns 44,453 shares of the company’s stock valued at $2,237,000 after acquiring an additional 29,382 shares in the last quarter. Dynamic Advisor Solutions LLC bought a new stake in shares of American Century Multisector Floating Income ETF in the 2nd quarter valued at about $251,000. Weaver Consulting Group lifted its position in shares of American Century Multisector Floating Income ETF by 10.7% in the 4th quarter. Weaver Consulting Group now owns 40,697 shares of the company’s stock worth $2,048,000 after purchasing an additional 3,930 shares during the period. Finally, Kestra Advisory Services LLC purchased a new stake in shares of American Century Multisector Floating Income ETF in the 4th quarter worth approximately $69,000.

American Century Multisector Floating Income ETF Company Profile

The American Century Multisector Floating Income ETF (FUSI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively manages a global bond portfolio of primarily investment grade, floating rate securities. FUSI was launched on Mar 14, 2023 and is managed by American Century Investments.