Short Interest in American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF) Rises By 151,830.3%

American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF) was the target of a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 100,274 shares, an increase of 151,830.3% from the April 15th total of 66 shares. Based on an average daily volume of 63,803 shares, the days-to-cover ratio is presently 1.6 days. Approximately 0.8% of the company’s shares are short sold.

American Century Diversified Municipal Bond ETF Stock Performance

Shares of TAXF stock traded down $0.02 on Monday, hitting $50.47. The stock had a trading volume of 29,701 shares, compared to its average volume of 55,070. The business has a 50 day moving average price of $50.47 and a 200 day moving average price of $50.58. American Century Diversified Municipal Bond ETF has a one year low of $48.34 and a one year high of $51.42.

Institutional Investors Weigh In On American Century Diversified Municipal Bond ETF

A number of large investors have recently modified their holdings of the business. GWN Securities Inc. purchased a new stake in American Century Diversified Municipal Bond ETF in the third quarter valued at approximately $1,750,000. Pursuit Wealth Management LLC purchased a new stake in American Century Diversified Municipal Bond ETF in the fourth quarter valued at approximately $4,108,000. OneAscent Financial Services LLC boosted its position in American Century Diversified Municipal Bond ETF by 38.0% in the 3rd quarter. OneAscent Financial Services LLC now owns 37,296 shares of the company’s stock worth $1,873,000 after purchasing an additional 10,272 shares in the last quarter. CWM LLC boosted its position in American Century Diversified Municipal Bond ETF by 3.8% in the 4th quarter. CWM LLC now owns 1,389,743 shares of the company’s stock worth $70,015,000 after purchasing an additional 51,206 shares in the last quarter. Finally, Aprio Wealth Management LLC purchased a new stake in American Century Diversified Municipal Bond ETF in the 4th quarter worth approximately $919,000.

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.