American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF) Shares Shorted: Short Interest Up 110.6% in September

American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF) was the recipient of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 55,824 shares, a growth of 110.6% from the August 31st total of 26,503 shares. Currently, 0.4% of the company’s stock are sold short. Based on an average daily trading volume, of 63,401 shares, the days-to-cover ratio is currently 0.9 days.

American Century Diversified Municipal Bond ETF Stock Down 0.6%

Shares of NYSEARCA:TAXF opened at $46.98 on Wednesday. American Century Diversified Municipal Bond ETF has a fifty-two week low of $46.91 and a fifty-two week high of $51.42. The business has a 50-day moving average of $49.31 and a two-hundred day moving average of $50.04.

Institutional Investors Weigh In On American Century Diversified Municipal Bond ETF

Large investors have recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. raised its position in shares of American Century Diversified Municipal Bond ETF by 6.3% in the second quarter. Envestnet Asset Management Inc. now owns 2,446,137 shares of the company’s stock valued at $124,349,000 after purchasing an additional 145,628 shares during the period. CX Institutional raised its holdings in American Century Diversified Municipal Bond ETF by 5.1% in the 2nd quarter. CX Institutional now owns 428,304 shares of the company’s stock worth $21,773,000 after acquiring an additional 20,819 shares during the period. Goldstein Advisors LLC raised its holdings in American Century Diversified Municipal Bond ETF by 3.6% in the 4th quarter. Goldstein Advisors LLC now owns 412,111 shares of the company’s stock worth $20,762,000 after acquiring an additional 14,382 shares during the period. IFP Advisors Inc lifted its position in American Century Diversified Municipal Bond ETF by 6.8% during the 2nd quarter. IFP Advisors Inc now owns 148,181 shares of the company’s stock worth $7,533,000 after acquiring an additional 9,463 shares during the last quarter. Finally, NewEdge Advisors LLC boosted its holdings in American Century Diversified Municipal Bond ETF by 9.1% during the second quarter. NewEdge Advisors LLC now owns 116,750 shares of the company’s stock valued at $5,935,000 after acquiring an additional 9,773 shares during the period.

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.