American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF) Short Interest Up 235.0% in December

American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totaling 24,828 shares, an increase of 235.0% from the December 15th total of 7,411 shares. Based on an average trading volume of 39,471 shares, the short-interest ratio is currently 0.6 days. Currently, 0.2% of the company’s shares are short sold. Currently, 0.2% of the company’s shares are short sold. Based on an average trading volume of 39,471 shares, the short-interest ratio is currently 0.6 days.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in TAXF. Financial Partners Group Inc increased its stake in American Century Diversified Municipal Bond ETF by 6.1% during the 2nd quarter. Financial Partners Group Inc now owns 4,582 shares of the company’s stock worth $224,000 after buying an additional 264 shares during the period. Comerica Bank grew its stake in shares of American Century Diversified Municipal Bond ETF by 2.2% in the third quarter. Comerica Bank now owns 18,130 shares of the company’s stock worth $911,000 after acquiring an additional 396 shares in the last quarter. PNC Financial Services Group Inc. increased its position in shares of American Century Diversified Municipal Bond ETF by 2.4% during the third quarter. PNC Financial Services Group Inc. now owns 18,936 shares of the company’s stock worth $951,000 after acquiring an additional 435 shares during the period. HighTower Advisors LLC increased its position in shares of American Century Diversified Municipal Bond ETF by 0.9% during the third quarter. HighTower Advisors LLC now owns 51,252 shares of the company’s stock worth $2,574,000 after acquiring an additional 467 shares during the period. Finally, Merit Financial Group LLC raised its stake in shares of American Century Diversified Municipal Bond ETF by 5.4% in the third quarter. Merit Financial Group LLC now owns 9,497 shares of the company’s stock valued at $477,000 after acquiring an additional 486 shares in the last quarter.

American Century Diversified Municipal Bond ETF Stock Up 0.1%

NYSEARCA TAXF opened at $50.76 on Thursday. The stock has a 50-day moving average of $50.51 and a two-hundred day moving average of $49.86. American Century Diversified Municipal Bond ETF has a 1-year low of $46.58 and a 1-year high of $50.94.

American Century Diversified Municipal Bond ETF Company Profile

The American Century Diversified Municipal Bond ETF (TAXF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed portfolio of US municipal bonds. The fund seeks current income that is exempt from federal taxes. TAXF was launched on Sep 10, 2018 and is managed by American Century Investments.