Short Interest in American Century Multisector Income ETF (NYSEARCA:MUSI) Rises By 1,469.5%

American Century Multisector Income ETF (NYSEARCA:MUSI) saw a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 6,482 shares, a growth of 1,469.5% from the April 15th total of 413 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 17,102 shares, the days-to-cover ratio is presently 0.4 days.

American Century Multisector Income ETF Stock Down 0.2%

NYSEARCA MUSI opened at $43.70 on Tuesday. The company has a fifty day moving average of $43.88 and a two-hundred day moving average of $44.16. American Century Multisector Income ETF has a 52 week low of $43.17 and a 52 week high of $44.80.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Thrivent Financial for Lutherans purchased a new position in American Century Multisector Income ETF during the third quarter worth $212,000. JM2 Capital Inc. purchased a new position in American Century Multisector Income ETF during the fourth quarter worth $211,000. Osaic Holdings Inc. boosted its stake in 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 worth $319,000 after buying an additional 746 shares during the period. Kestra Advisory Services LLC boosted its stake in 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 worth $500,000 after buying an additional 761 shares during the period. Finally, Flynn Zito Capital Management LLC boosted its stake in 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 buying an additional 996 shares during the period.

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.