American Century Large Cap Equity ETF (NYSEARCA:ACLC) Stock Short Interest Jumps 62.9%

American Century Large Cap Equity ETF (NYSEARCA:ACLC) was the target of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 10,562 shares, a growth of 62.9% from the September 30th total of 6,484 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average daily volume of 12,224 shares, the days-to-cover ratio is currently 0.9 days.

American Century Large Cap Equity ETF Stock Up 0.8%

American Century Large Cap Equity ETF stock traded up $0.64 during mid-day trading on Monday, reaching $85.21. 5,724 shares of the company’s stock were exchanged, compared to its average volume of 13,422. The business’s fifty day simple moving average is $85.98 and its 200 day simple moving average is $82.24. The firm has a market capitalization of $322.10 million, a PE ratio of 25.61 and a beta of 1.03. American Century Large Cap Equity ETF has a one year low of $71.41 and a one year high of $88.05.

Institutional Investors Weigh In On American Century Large Cap Equity ETF

Several hedge funds have recently made changes to their positions in ACLC. Midwest Trust Co grew its holdings in American Century Large Cap Equity ETF by 21.4% during the first quarter. Midwest Trust Co now owns 26,458 shares of the company’s stock valued at $1,950,000 after purchasing an additional 4,670 shares during the period. Fifth Third Bancorp purchased a new stake in American Century Large Cap Equity ETF during the 1st quarter valued at about $515,000. Finally, Aprio Wealth Management LLC purchased a new stake in shares of American Century Large Cap Equity ETF in the 3rd quarter valued at $200,000.

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.