American Century Multisector Income ETF (NYSEARCA:MUSI) Short Interest Up 90.7% in June

American Century Multisector Income ETF (NYSEARCA:MUSI) was the recipient of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 22,353 shares, a growth of 90.7% from the June 15th total of 11,721 shares. Based on an average daily volume of 14,090 shares, the short-interest ratio is currently 1.6 days. Approximately 0.4% of the company’s stock are sold short.

American Century Multisector Income ETF Stock Performance

American Century Multisector Income ETF stock opened at $43.44 on Friday. The stock’s 50 day moving average is $43.56 and its 200 day moving average is $43.91. American Century Multisector Income ETF has a twelve month low of $43.15 and a twelve month high of $44.80.

Hedge Funds Weigh In On American Century Multisector Income ETF

Several institutional investors and hedge funds have recently modified their holdings of MUSI. JM2 Capital Inc. bought a new stake in American Century Multisector Income ETF during the 4th quarter valued at about $211,000. Osaic Holdings Inc. grew its holdings in shares of American Century Multisector Income ETF by 11.5% during the fourth quarter. Osaic Holdings Inc. now owns 7,226 shares of the company’s stock valued at $319,000 after buying an additional 746 shares during the last quarter. Kestra Advisory Services LLC increased its position in shares of American Century Multisector Income ETF by 7.2% during the fourth quarter. Kestra Advisory Services LLC now owns 11,329 shares of the company’s stock valued at $500,000 after acquiring an additional 761 shares in the last quarter. Flynn Zito Capital Management LLC raised its holdings in American Century Multisector Income ETF by 6.9% in the 4th quarter. Flynn Zito Capital Management LLC now owns 15,514 shares of the company’s stock worth $685,000 after acquiring an additional 996 shares during the last quarter. Finally, Commonwealth Equity Services LLC lifted its position in American Century Multisector Income ETF by 1.7% in the 4th quarter. Commonwealth Equity Services LLC now owns 19,342 shares of the company’s stock valued at $854,000 after acquiring an additional 326 shares in the last quarter.

American Century Multisector Income ETF Company Profile

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.