American Century U.S. Quality Value ETF (NYSEARCA:VALQ) Short Interest Down 63.4% in May

American Century U.S. Quality Value ETF (NYSEARCA:VALQ) saw a significant drop in short interest during the month of May. As of May 15th, there was short interest totaling 17,456 shares, a drop of 63.4% from the April 30th total of 47,714 shares. Based on an average daily trading volume, of 6,699 shares, the short-interest ratio is currently 2.6 days. Currently, 0.4% of the shares of the company are short sold.

Institutional Trading of American Century U.S. Quality Value ETF

A number of hedge funds have recently made changes to their positions in VALQ. Royal Bank of Canada lifted its position in shares of American Century U.S. Quality Value ETF by 50.8% in the first quarter. Royal Bank of Canada now owns 5,410 shares of the company’s stock valued at $329,000 after buying an additional 1,823 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of American Century U.S. Quality Value ETF in the second quarter valued at approximately $132,000. Osaic Holdings Inc. lifted its position in shares of American Century U.S. Quality Value ETF by 7.5% in the second quarter. Osaic Holdings Inc. now owns 15,246 shares of the company’s stock valued at $946,000 after buying an additional 1,068 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in shares of American Century U.S. Quality Value ETF by 4.3% in the third quarter. Envestnet Asset Management Inc. now owns 818,764 shares of the company’s stock valued at $52,780,000 after buying an additional 33,700 shares during the last quarter. Finally, American Century Companies Inc. lifted its position in shares of American Century U.S. Quality Value ETF by 0.7% in the third quarter. American Century Companies Inc. now owns 1,485,388 shares of the company’s stock valued at $95,753,000 after buying an additional 9,605 shares during the last quarter.

American Century U.S. Quality Value ETF Trading Up 0.3%

Shares of VALQ traded up $0.18 during mid-day trading on Monday, reaching $69.69. The company’s stock had a trading volume of 6,866 shares, compared to its average volume of 14,647. American Century U.S. Quality Value ETF has a 1-year low of $60.19 and a 1-year high of $70.07. The stock has a market cap of $320.57 million, a P/E ratio of 17.16 and a beta of 0.81. The business has a 50-day simple moving average of $66.25 and a two-hundred day simple moving average of $66.81.

American Century U.S. Quality Value ETF Company Profile

The American Century STOXX U.S. Quality Value ETF (VALQ) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap US companies that are selected and weighted based on value and income characteristics. VALQ was launched on Jan 11, 2018 and is managed by American Century Investments.