American Century U.S. Quality Value ETF (NYSEARCA:VALQ) Short Interest Down 44.6% in August

American Century U.S. Quality Value ETF (NYSEARCA:VALQ) saw a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 4,162 shares, a decrease of 44.6% from the August 15th total of 7,507 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 5,624 shares, the days-to-cover ratio is currently 0.7 days.

American Century U.S. Quality Value ETF Price Performance

Shares of NYSEARCA:VALQ traded down $0.00 on Tuesday, hitting $71.46. 908 shares of the company’s stock were exchanged, compared to its average volume of 10,851. The stock has a market capitalization of $337.29 million, a price-to-earnings ratio of 17.16 and a beta of 0.81. American Century U.S. Quality Value ETF has a 12 month low of $62.30 and a 12 month high of $73.17. The business’s 50 day simple moving average is $71.04 and its two-hundred day simple moving average is $68.59.

Institutional Investors Weigh In On American Century U.S. Quality Value ETF

Several large investors have recently modified their holdings of the business. Ameritas Advisory Services LLC raised its position in shares of American Century U.S. Quality Value ETF by 69.6% in the 2nd quarter. Ameritas Advisory Services LLC now owns 83,699 shares of the company’s stock worth $5,835,000 after acquiring an additional 34,350 shares in the last quarter. Royal Bank of Canada boosted its holdings in shares of American Century U.S. Quality Value ETF by 18.6% in the 1st quarter. Royal Bank of Canada now owns 6,626 shares of the company’s stock valued at $431,000 after buying an additional 1,039 shares in the last quarter. Beam Wealth Advisors Inc. bought a new stake in shares of American Century U.S. Quality Value ETF in the 1st quarter valued at about $735,000. Finally, Rubicon Advisors GP purchased a new position in shares of American Century U.S. Quality Value ETF in the 4th quarter worth approximately $340,000.

About American Century U.S. Quality Value ETF

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.