Short Interest in American Century Multisector Income ETF (NYSEARCA:MUSI) Rises By 28.5%

American Century Multisector Income ETF (NYSEARCA:MUSI) was the target of a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 25,680 shares, a growth of 28.5% from the December 31st total of 19,984 shares. Based on an average daily volume of 8,571 shares, the days-to-cover ratio is presently 3.0 days. Approximately 0.6% of the shares of the company are short sold. Approximately 0.6% of the shares of the company are short sold. Based on an average daily volume of 8,571 shares, the days-to-cover ratio is presently 3.0 days.

American Century Multisector Income ETF Stock Performance

Shares of MUSI traded up $0.01 during midday trading on Monday, hitting $44.34. 12,470 shares of the stock traded hands, compared to its average volume of 11,260. American Century Multisector Income ETF has a 1-year low of $41.78 and a 1-year high of $44.75. The business’s 50 day moving average price is $44.24 and its two-hundred day moving average price is $44.23.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. American Century Companies Inc. lifted its holdings in American Century Multisector Income ETF by 4.5% in the third quarter. American Century Companies Inc. now owns 2,061,177 shares of the company’s stock worth $91,568,000 after purchasing an additional 88,536 shares during the period. Envestnet Asset Management Inc. lifted its stake in shares of American Century Multisector Income ETF by 37.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 229,308 shares of the company’s stock worth $10,187,000 after acquiring an additional 62,871 shares during the period. Raymond James Financial Inc. boosted its holdings 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 valued at $4,934,000 after acquiring an additional 41,567 shares in the last quarter. Condor Capital Management increased its stake in shares of American Century Multisector Income ETF by 2.8% during the second quarter. Condor Capital Management now owns 389,744 shares of the company’s stock valued at $17,185,000 after acquiring an additional 10,558 shares during the period. Finally, JM2 Capital Inc. bought a new stake in American Century Multisector Income ETF during the fourth quarter worth approximately $211,000.

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.