American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF) Short Interest Down 65.7% in January

American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF) was the target of a significant decline in short interest in January. As of January 15th, there was short interest totaling 8,521 shares, a decline of 65.7% from the December 31st total of 24,828 shares. Based on an average daily volume of 52,860 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the shares of the stock are sold short. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 52,860 shares, the short-interest ratio is currently 0.2 days.

Institutional Investors Weigh In On American Century Diversified Municipal Bond ETF

Hedge funds have recently made changes to their positions in the stock. Royal Bank of Canada lifted its stake in American Century Diversified Municipal Bond ETF by 19.7% in the 1st quarter. Royal Bank of Canada now owns 28,464 shares of the company’s stock valued at $1,408,000 after purchasing an additional 4,682 shares during the last quarter. Jones Financial Companies Lllp bought a new position in shares of American Century Diversified Municipal Bond ETF in the 1st quarter valued at $241,000. IFP Advisors Inc boosted its holdings in shares of American Century Diversified Municipal Bond ETF by 19.9% during the 2nd quarter. IFP Advisors Inc now owns 131,549 shares of the company’s stock valued at $6,437,000 after acquiring an additional 21,812 shares in the last quarter. CWM LLC grew its position in American Century Diversified Municipal Bond ETF by 3.9% during the 2nd quarter. CWM LLC now owns 1,122,940 shares of the company’s stock worth $54,945,000 after acquiring an additional 42,107 shares during the last quarter. Finally, Mutual Advisors LLC increased its holdings in American Century Diversified Municipal Bond ETF by 10.5% in the 2nd quarter. Mutual Advisors LLC now owns 32,953 shares of the company’s stock worth $1,598,000 after purchasing an additional 3,122 shares in the last quarter.

American Century Diversified Municipal Bond ETF Stock Performance

Shares of TAXF stock remained flat at $50.76 during trading hours on Thursday. The company’s stock had a trading volume of 49,851 shares, compared to its average volume of 56,397. American Century Diversified Municipal Bond ETF has a 52-week low of $46.58 and a 52-week high of $51.03. The company’s fifty day moving average is $50.54 and its 200 day moving average is $49.99.

American Century Diversified Municipal Bond ETF Company Profile

The American Century Diversified Municipal Bond ETF (TAXF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed portfolio of US municipal bonds. The fund seeks current income that is exempt from federal taxes. TAXF was launched on Sep 10, 2018 and is managed by American Century Investments.