Short Interest in American Century Multisector Floating Income ETF (NYSEARCA:FUSI) Increases By 1,957.2%

American Century Multisector Floating Income ETF (NYSEARCA:FUSI) saw a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 2,983 shares, an increase of 1,957.2% from the April 15th total of 145 shares. Based on an average daily volume of 2,100 shares, the days-to-cover ratio is currently 1.4 days. Currently, 0.7% of the company’s stock are short sold.

American Century Multisector Floating Income ETF Price Performance

NYSEARCA:FUSI remained flat at $50.35 during trading hours on Monday. 1,903 shares of the company’s stock traded hands, compared to its average volume of 1,667. The business’s fifty day simple moving average is $50.33 and its 200 day simple moving average is $50.41. American Century Multisector Floating Income ETF has a 52 week low of $50.10 and a 52 week high of $50.91.

Institutional Trading of American Century Multisector Floating Income ETF

Large investors have recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. raised its stake in American Century Multisector Floating Income ETF by 56.7% during the 3rd quarter. Envestnet Asset Management Inc. now owns 41,957 shares of the company’s stock valued at $2,131,000 after purchasing an additional 15,189 shares during the period. Weaver Consulting Group raised its stake in American Century Multisector Floating Income ETF by 10.7% during the 4th quarter. Weaver Consulting Group now owns 40,697 shares of the company’s stock valued at $2,048,000 after purchasing an additional 3,930 shares during the period. Kestra Advisory Services LLC acquired a new stake in American Century Multisector Floating Income ETF during the 4th quarter valued at $69,000. Finally, Jane Street Group LLC raised its stake in American Century Multisector Floating Income ETF by 195.0% during the 4th quarter. Jane Street Group LLC now owns 44,453 shares of the company’s stock valued at $2,237,000 after purchasing an additional 29,382 shares during the period.

American Century Multisector Floating Income ETF Company Profile

The American Century Multisector Floating Income ETF (FUSI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively manages a global bond portfolio of primarily investment grade, floating rate securities. FUSI was launched on Mar 14, 2023 and is managed by American Century Investments.