American Century Multisector Floating Income ETF (NYSEARCA:FUSI) Short Interest Up 1,957.2% in April

American Century Multisector Floating Income ETF (NYSEARCA:FUSI) saw a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 2,983 shares, an increase of 1,957.2% from the April 15th total of 145 shares. Currently, 0.7% of the shares of the stock are sold short. Based on an average trading volume of 2,100 shares, the short-interest ratio is currently 1.4 days.

Institutional Trading of American Century Multisector Floating Income ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Kestra Advisory Services LLC acquired a new stake in shares of American Century Multisector Floating Income ETF during the 4th quarter worth approximately $69,000. Weaver Consulting Group increased its holdings in shares of American Century Multisector Floating Income ETF by 10.7% during the 4th quarter. Weaver Consulting Group now owns 40,697 shares of the company’s stock worth $2,048,000 after buying an additional 3,930 shares during the last quarter. Jane Street Group LLC increased its holdings in shares of American Century Multisector Floating Income ETF by 325.2% during the 2nd quarter. Jane Street Group LLC now owns 19,526 shares of the company’s stock worth $989,000 after buying an additional 14,934 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its holdings in shares of American Century Multisector Floating Income ETF by 56.7% during the 3rd quarter. Envestnet Asset Management Inc. now owns 41,957 shares of the company’s stock worth $2,131,000 after buying an additional 15,189 shares during the last quarter.

American Century Multisector Floating Income ETF Stock Up 0.1%

FUSI stock traded up $0.05 during mid-day trading on Wednesday, reaching $50.41. The company’s stock had a trading volume of 6,254 shares, compared to its average volume of 1,710. The company’s 50 day moving average is $50.32 and its two-hundred day moving average is $50.40. American Century Multisector Floating Income ETF has a fifty-two week low of $50.10 and a fifty-two week high of $50.91.

American Century Multisector Floating Income ETF Company Profile

The American Century Multisector Floating Income ETF (FUSI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively manages a global bond portfolio of primarily investment grade, floating rate securities. FUSI was launched on Mar 14, 2023 and is managed by American Century Investments.