American Century Multisector Income ETF (NYSEARCA:MUSI – Get Free Report) saw a large decrease in short interest in June. As of June 15th, there was short interest totaling 11,721 shares, a decrease of 66.3% from the May 31st total of 34,761 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average trading volume of 21,257 shares, the days-to-cover ratio is presently 0.6 days.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of MUSI. Raymond James Financial Inc. boosted its holdings in American Century Multisector Income ETF by 6.4% in the 2nd quarter. Raymond James Financial Inc. now owns 69,501 shares of the company’s stock worth $3,064,000 after buying an additional 4,163 shares during the period. American Century Companies Inc. boosted its stake in shares of 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 acquiring an additional 88,536 shares during the period. JM2 Capital Inc. purchased a new stake in shares of American Century Multisector Income ETF during the fourth quarter worth about $211,000. Flynn Zito Capital Management LLC grew its position in shares of American Century Multisector Income ETF by 6.9% during the fourth quarter. Flynn Zito Capital Management LLC now owns 15,514 shares of the company’s stock worth $685,000 after purchasing an additional 996 shares in the last quarter. Finally, Fortis Group Advisors LLC raised its stake in American Century Multisector Income ETF by 1.9% during the 4th quarter. Fortis Group Advisors LLC now owns 32,842 shares of the company’s stock valued at $1,456,000 after purchasing an additional 611 shares during the period.
American Century Multisector Income ETF Price Performance
NYSEARCA MUSI traded down $0.15 on Tuesday, reaching $43.73. 15,055 shares of the stock were exchanged, compared to its average volume of 16,006. American Century Multisector Income ETF has a one year low of $43.15 and a one year high of $44.80. The company’s 50-day simple moving average is $43.67 and its two-hundred day simple moving average is $43.97.
About American Century Multisector Income ETF
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.
Featured Articles
- Five stocks we like better than American Century Multisector Income ETF
- NextEra’s Dominion Deal Could Put It at the Center of the AI Power Race
- Amazon Could Be About to Reap the Rewards of a Software Spending Boom
- Best Buy’s Turnaround Is Gaining Traction, But Wall Street Still Needs Proof
- AI Fears Hit Nebius Stock, But Has the Growth Thesis Changed?
Receive News & Ratings for American Century Multisector Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Century Multisector Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
