Short Interest in American Century U.S. Quality Value ETF (NYSEARCA:VALQ) Grows By 1,257.5%

American Century U.S. Quality Value ETF (NYSEARCA:VALQ) was the target of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 7,507 shares, a growth of 1,257.5% from the July 30th total of 553 shares. Based on an average daily trading volume, of 4,231 shares, the days-to-cover ratio is presently 1.8 days. Approximately 0.2% of the shares of the company are sold short.

Hedge Funds Weigh In On American Century U.S. Quality Value ETF

A number of institutional investors have recently made changes to their positions in the business. Raymond James Financial Inc. acquired a new position in shares of American Century U.S. Quality Value ETF during the 2nd quarter worth about $132,000. Farther Finance Advisors LLC acquired a new stake in American Century U.S. Quality Value ETF in the 4th quarter valued at approximately $230,000. Royal Bank of Canada grew its holdings in American Century U.S. Quality Value ETF by 50.8% in the 1st 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. Rubicon Advisors GP bought a new position in American Century U.S. Quality Value ETF in the 4th quarter worth approximately $340,000. Finally, Northwestern Mutual Wealth Management Co. increased its position in American Century U.S. Quality Value ETF by 14.4% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 7,299 shares of the company’s stock worth $471,000 after buying an additional 918 shares during the period.

American Century U.S. Quality Value ETF Trading Up 0.0%

VALQ traded up $0.01 during trading on Tuesday, hitting $72.78. The stock had a trading volume of 883 shares, compared to its average volume of 11,365. The firm has a market cap of $343.52 million, a PE ratio of 17.16 and a beta of 0.81. American Century U.S. Quality Value ETF has a 12 month low of $62.30 and a 12 month high of $73.17. The company has a 50 day simple moving average of $70.21 and a 200-day simple moving average of $68.31.

About American Century U.S. Quality Value ETF

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.