Short Interest in American Century Multisector Floating Income ETF (NYSEARCA:FUSI) Increases By 1,957.2%

American Century Multisector Floating Income ETF (NYSEARCA:FUSI) was the target of a large increase in short interest in April. As of April 30th, there was short interest totaling 2,983 shares, an increase of 1,957.2% from the April 15th total of 145 shares. Based on an average trading volume of 2,100 shares, the short-interest ratio is currently 1.4 days. Approximately 0.7% of the company’s stock are sold short.

American Century Multisector Floating Income ETF Price Performance

Shares of American Century Multisector Floating Income ETF stock remained flat at $50.35 on Monday. 1,903 shares of the stock traded hands, compared to its average volume of 1,667. The stock’s 50-day moving average is $50.33 and its 200-day moving average is $50.41. American Century Multisector Floating Income ETF has a fifty-two week low of $50.10 and a fifty-two week high of $50.91.

Hedge Funds Weigh In On American Century Multisector Floating Income ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. Kestra Advisory Services LLC purchased a new position in shares of American Century Multisector Floating Income ETF during the 4th quarter valued at $69,000. Weaver Consulting Group grew its holdings in shares of American Century Multisector Floating Income ETF by 10.7% during the 4th quarter. Weaver Consulting Group now owns 40,697 shares of the company’s stock valued at $2,048,000 after acquiring an additional 3,930 shares in the last quarter. Jane Street Group LLC grew its holdings in shares of American Century Multisector Floating Income ETF by 325.2% during the 2nd quarter. Jane Street Group LLC now owns 19,526 shares of the company’s stock valued at $989,000 after acquiring an additional 14,934 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its holdings in shares of American Century Multisector Floating Income ETF by 56.7% during the 3rd quarter. Envestnet Asset Management Inc. now owns 41,957 shares of the company’s stock valued at $2,131,000 after acquiring an additional 15,189 shares in the last quarter.

About American Century Multisector Floating Income ETF

The American Century Multisector Floating Income ETF (FUSI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively manages a global bond portfolio of primarily investment grade, floating rate securities. FUSI was launched on Mar 14, 2023 and is managed by American Century Investments.