American Century Multisector Income ETF (NYSEARCA:MUSI) Short Interest Down 66.3% in June

American Century Multisector Income ETF (NYSEARCA:MUSI) saw a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 11,721 shares, a drop of 66.3% from the May 31st total of 34,761 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average trading volume of 21,257 shares, the days-to-cover ratio is presently 0.6 days.

American Century Multisector Income ETF Stock Performance

Shares of American Century Multisector Income ETF stock traded up $0.06 during trading hours on Friday, hitting $43.85. The company’s stock had a trading volume of 11,247 shares, compared to its average volume of 16,123. The firm has a fifty day moving average of $43.67 and a 200-day moving average of $43.98. American Century Multisector Income ETF has a twelve month low of $43.15 and a twelve month high of $44.80.

Institutional Trading of American Century Multisector Income ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. American Century Companies Inc. lifted its position in shares of American Century Multisector Income ETF by 4.5% during the third quarter. American Century Companies Inc. now owns 2,061,177 shares of the company’s stock worth $91,568,000 after purchasing an additional 88,536 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in American Century Multisector Income ETF by 59.8% during the 3rd quarter. Raymond James Financial Inc. now owns 111,068 shares of the company’s stock worth $4,934,000 after buying an additional 41,567 shares in the last quarter. LPL Financial LLC boosted its position in American Century Multisector Income ETF by 13.3% in the 4th quarter. LPL Financial LLC now owns 189,884 shares of the company’s stock valued at $8,385,000 after buying an additional 22,225 shares during the period. Condor Capital Management grew its stake in shares of American Century Multisector Income ETF by 3.5% in the fourth quarter. Condor Capital Management now owns 407,883 shares of the company’s stock worth $18,012,000 after acquiring an additional 13,720 shares in the last quarter. Finally, Orion Porfolio Solutions LLC grew its stake in shares of American Century Multisector Income ETF by 7.5% in the fourth quarter. Orion Porfolio Solutions LLC now owns 73,180 shares of the company’s stock worth $3,232,000 after acquiring an additional 5,082 shares in 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.