Short Interest in American Century Multisector Income ETF (NYSEARCA:MUSI) Increases By 30.0%

American Century Multisector Income ETF (NYSEARCA:MUSI) was the target of a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 19,984 shares, an increase of 30.0% from the December 15th total of 15,368 shares. Based on an average daily volume of 21,641 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.5% of the shares of the stock are sold short. Currently, 0.5% of the shares of the stock are sold short. Based on an average daily volume of 21,641 shares, the days-to-cover ratio is presently 0.9 days.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in MUSI. Condor Capital Management boosted its holdings in shares of American Century Multisector Income ETF by 2.8% in the 2nd quarter. Condor Capital Management now owns 389,744 shares of the company’s stock worth $17,185,000 after purchasing an additional 10,558 shares in the last quarter. Raymond James Financial Inc. lifted its position in American Century Multisector Income ETF by 59.8% in 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 during the last quarter. American Century Companies Inc. boosted its stake in American Century Multisector Income ETF by 4.5% in the third quarter. American Century Companies Inc. now owns 2,061,177 shares of the company’s stock worth $91,568,000 after buying an additional 88,536 shares in the last quarter. Envestnet Asset Management Inc. grew its position in American Century Multisector Income ETF by 37.8% during the third quarter. Envestnet Asset Management Inc. now owns 229,308 shares of the company’s stock valued at $10,187,000 after acquiring an additional 62,871 shares during the last quarter. Finally, Thrivent Financial for Lutherans bought a new position in American Century Multisector Income ETF during the third quarter valued at approximately $212,000.

American Century Multisector Income ETF Trading Down 0.2%

Shares of American Century Multisector Income ETF stock traded down $0.07 on Friday, reaching $44.24. The stock had a trading volume of 15,380 shares, compared to its average volume of 9,144. The business’s 50 day moving average is $44.24 and its two-hundred day moving average is $44.19. American Century Multisector Income ETF has a 1 year low of $41.78 and a 1 year high of $44.75.

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.