American Century Focused Large Cap Value ETF (NYSEARCA:FLV) Short Interest Up 217.7% in May

American Century Focused Large Cap Value ETF (NYSEARCA:FLV) was the target of a large growth in short interest in May. As of May 15th, there was short interest totaling 10,041 shares, a growth of 217.7% from the April 30th total of 3,161 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily volume of 12,743 shares, the days-to-cover ratio is presently 0.8 days.

Hedge Funds Weigh In On American Century Focused Large Cap Value ETF

Several hedge funds have recently bought and sold shares of FLV. Allen Capital Group LLC increased its holdings in American Century Focused Large Cap Value ETF by 4.9% during the 1st quarter. Allen Capital Group LLC now owns 18,803 shares of the company’s stock valued at $1,442,000 after acquiring an additional 872 shares in the last quarter. Royal Bank of Canada increased its position in American Century Focused Large Cap Value ETF by 230.0% during the first quarter. Royal Bank of Canada now owns 1,881 shares of the company’s stock worth $144,000 after buying an additional 1,311 shares in the last quarter. Cetera Investment Advisers increased its position in American Century Focused Large Cap Value ETF by 27.5% during the first quarter. Cetera Investment Advisers now owns 4,846 shares of the company’s stock worth $372,000 after buying an additional 1,046 shares in the last quarter. CPA Asset Management Group LLC increased its position in American Century Focused Large Cap Value ETF by 37.5% during the first quarter. CPA Asset Management Group LLC now owns 127,283 shares of the company’s stock worth $9,761,000 after buying an additional 34,717 shares in the last quarter. Finally, Bedel Financial Consulting Inc. increased its position in American Century Focused Large Cap Value ETF by 6.4% during the first quarter. Bedel Financial Consulting Inc. now owns 88,099 shares of the company’s stock worth $6,756,000 after buying an additional 5,332 shares in the last quarter.

American Century Focused Large Cap Value ETF Price Performance

NYSEARCA FLV opened at $80.23 on Friday. American Century Focused Large Cap Value ETF has a 1-year low of $68.01 and a 1-year high of $82.41. The company has a market capitalization of $344.99 million, a P/E ratio of 19.58 and a beta of 0.63. The business has a 50 day moving average price of $78.70 and a 200 day moving average price of $77.95.

About American Century Focused Large Cap Value ETF

The American Century Focused Large Cap Value ETF (FLV) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed, non-transparent ETF that invests in a narrow selection of US large-cap value companies. The fund utilizes the Precidian non-transparent model. FLV was launched on Mar 31, 2020 and is issued by American Century Investments.