Short Interest in American Century Focused Large Cap Value ETF (NYSEARCA:FLV) Drops By 58.1%

American Century Focused Large Cap Value ETF (NYSEARCA:FLV) saw a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 2,899 shares, a drop of 58.1% from the July 30th total of 6,920 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 7,292 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Investors Weigh In On American Century Focused Large Cap Value ETF

A number of hedge funds have recently made changes to their positions in FLV. Farther Finance Advisors LLC bought a new position in American Century Focused Large Cap Value ETF during the fourth quarter valued at about $36,000. Kingdom Financial Group LLC. bought a new stake in American Century Focused Large Cap Value ETF in the fourth quarter worth about $40,000. Royal Bank of Canada bought a new stake in American Century Focused Large Cap Value ETF in the fourth quarter worth about $43,000. Kestra Advisory Services LLC purchased a new position in American Century Focused Large Cap Value ETF in the fourth quarter valued at about $120,000. Finally, Trust Co. of Vermont purchased a new position in American Century Focused Large Cap Value ETF in the second quarter valued at about $242,000.

American Century Focused Large Cap Value ETF Stock Up 0.0%

American Century Focused Large Cap Value ETF stock traded up $0.01 during mid-day trading on Friday, reaching $87.55. 6,268 shares of the company’s stock were exchanged, compared to its average volume of 12,293. The business’s fifty day simple moving average is $84.84 and its 200 day simple moving average is $81.33. American Century Focused Large Cap Value ETF has a one year low of $72.39 and a one year high of $88.25. The firm has a market capitalization of $376.46 million, a PE ratio of 19.58 and a beta of 0.61.

About American Century Focused Large Cap Value ETF

The American Century Focused Large Cap Value ETF (FLV) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed, non-transparent ETF that invests in a narrow selection of US large-cap value companies. The fund utilizes the Precidian non-transparent model. FLV was launched on Mar 31, 2020 and is issued by American Century Investments.