Short Interest in American Century Multisector Income ETF (NYSEARCA:MUSI) Rises By 29.9%

American Century Multisector Income ETF (NYSEARCA:MUSI) was the recipient of a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 15,368 shares, an increase of 29.9% from the November 30th total of 11,834 shares. Currently, 0.4% of the company’s shares are sold short. Based on an average daily volume of 23,414 shares, the days-to-cover ratio is presently 0.7 days. Based on an average daily volume of 23,414 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.4% of the company’s shares are sold short.

Institutional Investors Weigh In On American Century Multisector Income ETF

Several institutional investors have recently made changes to their positions in the company. Thrivent Financial for Lutherans purchased a new position in shares of American Century Multisector Income ETF during the 3rd quarter worth about $212,000. Raymond James Financial Inc. lifted its stake in American Century Multisector Income ETF by 6.4% in the second quarter. Raymond James Financial Inc. now owns 69,501 shares of the company’s stock worth $3,064,000 after purchasing an additional 4,163 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in American Century Multisector Income ETF by 37.8% in the third quarter. Envestnet Asset Management Inc. now owns 229,308 shares of the company’s stock worth $10,187,000 after purchasing an additional 62,871 shares during the last quarter. Condor Capital Management boosted its position in shares of American Century Multisector Income ETF by 2.8% during the second quarter. Condor Capital Management now owns 389,744 shares of the company’s stock valued at $17,185,000 after buying an additional 10,558 shares during the period. Finally, American Century Companies Inc. grew its stake in shares of American Century Multisector Income ETF by 4.5% during the third quarter. American Century Companies Inc. now owns 2,061,177 shares of the company’s stock valued at $91,568,000 after buying an additional 88,536 shares during the last quarter.

American Century Multisector Income ETF Stock Performance

NYSEARCA:MUSI traded down $0.07 during midday trading on Wednesday, hitting $44.16. 15,231 shares of the company traded hands, compared to its average volume of 15,785. The firm’s fifty day moving average is $44.26 and its 200-day moving average is $44.14. American Century Multisector Income ETF has a 12-month low of $41.78 and a 12-month 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.