American Century U.S. Quality Value ETF (NYSEARCA:VALQ) Shares Shorted: Short Interest Down 89.0% in October

American Century U.S. Quality Value ETF (NYSEARCA:VALQ) was the recipient of a significant drop in short interest in the month of October. As of October 30th, there was short interest totaling 1,546 shares, a drop of 89.0% from the October 15th total of 14,069 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 192,216 shares, the short-interest ratio is currently 0.0 days.

American Century U.S. Quality Value ETF Stock Up 0.8%

Shares of VALQ stock traded up $0.57 on Wednesday, hitting $72.98. The stock had a trading volume of 4,055 shares, compared to its average volume of 19,413. The business has a 50 day moving average price of $71.30 and a 200 day moving average price of $69.16. The company has a market cap of $194.87 million, a PE ratio of 17.16 and a beta of 0.81. American Century U.S. Quality Value ETF has a one year low of $62.30 and a one year high of $73.74.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. Private Advisor Group LLC bought a new position in shares of American Century U.S. Quality Value ETF during the third quarter valued at approximately $44,252,000. HighTower Advisors LLC bought a new position in American Century U.S. Quality Value ETF in the third quarter worth approximately $680,000. Mesirow Financial Investment Management Inc. bought a new position in American Century U.S. Quality Value ETF in the third quarter worth approximately $209,000. Beam Wealth Advisors Inc. lifted its holdings in American Century U.S. Quality Value ETF by 18.2% during the third quarter. Beam Wealth Advisors Inc. now owns 17,347 shares of the company’s stock worth $1,208,000 after buying an additional 2,675 shares during the period. Finally, Envestnet Asset Management Inc. lifted its holdings in American Century U.S. Quality Value ETF by 5.9% during the second quarter. Envestnet Asset Management Inc. now owns 924,716 shares of the company’s stock worth $64,463,000 after buying an additional 51,747 shares during the period.

American Century U.S. Quality Value ETF Company Profile

The American Century STOXX U.S. Quality Value ETF (VALQ) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap US companies that are selected and weighted based on value and income characteristics. VALQ was launched on Jan 11, 2018 and is managed by American Century Investments.