American Century Large Cap Equity ETF (NYSEARCA:ACLC) Sees Large Increase in Short Interest

American Century Large Cap Equity ETF (NYSEARCA:ACLC) saw a large growth in short interest in May. As of May 29th, there was short interest totaling 27,591 shares, a growth of 134.2% from the May 14th total of 11,783 shares. Currently, 0.7% of the shares of the company are short sold. Based on an average trading volume of 11,103 shares, the days-to-cover ratio is presently 2.5 days.

Institutional Investors Weigh In On American Century Large Cap Equity ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Bank of America Corp DE purchased a new stake in American Century Large Cap Equity ETF in the 2nd quarter worth approximately $124,000. Raymond James Financial Inc. purchased a new stake in American Century Large Cap Equity ETF in the 2nd quarter worth approximately $162,000. Cetera Investment Advisers purchased a new stake in American Century Large Cap Equity ETF in the 2nd quarter worth approximately $260,000. Citadel Advisors LLC increased its holdings in American Century Large Cap Equity ETF by 54.1% in the 3rd quarter. Citadel Advisors LLC now owns 5,216 shares of the company’s stock worth $403,000 after acquiring an additional 1,832 shares in the last quarter. Finally, New Hampshire Trust increased its holdings in American Century Large Cap Equity ETF by 18.2% in the 4th quarter. New Hampshire Trust now owns 5,326 shares of the company’s stock worth $417,000 after acquiring an additional 820 shares in the last quarter.

American Century Large Cap Equity ETF Stock Performance

American Century Large Cap Equity ETF stock opened at $82.92 on Monday. The firm has a 50 day moving average of $81.45 and a 200 day moving average of $79.21. The firm has a market capitalization of $305.15 million, a price-to-earnings ratio of 25.61 and a beta of 1.03. American Century Large Cap Equity ETF has a 12-month low of $69.61 and a 12-month high of $85.63.

About American Century Large Cap Equity ETF

The American Century Large Cap Equity ETF (ACLC) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed, non-transparent fund of US companies that are screened by a combination of fundamental measures and ESG metrics. The fund utilizes the Natixis/NYSE non-transparent model. ACLC was launched on Jul 13, 2020 and is issued by American Century Investments.