American Century Multisector Income ETF (NYSEARCA:MUSI) Short Interest Update

American Century Multisector Income ETF (NYSEARCA:MUSI) was the target of a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 6,482 shares, a growth of 1,469.5% from the April 15th total of 413 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 17,102 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Investors Weigh In On American Century Multisector Income ETF

Several large investors have recently modified their holdings of MUSI. American Century Companies Inc. boosted its stake in shares of American Century Multisector Income ETF by 4.5% during the 3rd quarter. American Century Companies Inc. now owns 2,061,177 shares of the company’s stock worth $91,568,000 after acquiring an additional 88,536 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of 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 buying an additional 62,871 shares during the period. Raymond James Financial Inc. boosted its position in shares of American Century Multisector Income ETF by 59.8% in the third quarter. Raymond James Financial Inc. now owns 111,068 shares of the company’s stock worth $4,934,000 after buying an additional 41,567 shares during the period. LPL Financial LLC boosted its position in shares of American Century Multisector Income ETF by 13.3% in the fourth quarter. LPL Financial LLC now owns 189,884 shares of the company’s stock worth $8,385,000 after buying an additional 22,225 shares during the period. Finally, Condor Capital Management boosted its position in shares of American Century Multisector Income ETF by 3.5% in the fourth quarter. Condor Capital Management now owns 407,883 shares of the company’s stock worth $18,012,000 after buying an additional 13,720 shares during the period.

American Century Multisector Income ETF Price Performance

NYSEARCA:MUSI traded down $0.01 during mid-day trading on Wednesday, reaching $43.56. 31,599 shares of the stock were exchanged, compared to its average volume of 14,230. The business has a fifty day moving average price of $43.85 and a 200 day moving average price of $44.15. American Century Multisector Income ETF has a 1-year low of $43.17 and a 1-year high of $44.80.

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.