American Century Large Cap Equity ETF (NYSEARCA:ACLC) Short Interest Up 230.0% in August

American Century Large Cap Equity ETF (NYSEARCA:ACLC) was the target of a significant growth in short interest in August. As of August 14th, there was short interest totaling 9,200 shares, a growth of 230.0% from the July 30th total of 2,788 shares. Based on an average trading volume of 7,992 shares, the days-to-cover ratio is presently 1.2 days. Currently, 0.2% of the company’s stock are short sold.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Bank of America Corp DE bought a new stake in shares of American Century Large Cap Equity ETF during the second quarter valued at approximately $124,000. Raymond James Financial Inc. purchased a new stake in American Century Large Cap Equity ETF during the 2nd quarter valued at $162,000. Cetera Investment Advisers bought a new stake in shares of American Century Large Cap Equity ETF in the 2nd quarter worth $260,000. Citadel Advisors LLC increased its holdings in shares of American Century Large Cap Equity ETF by 54.1% in the 3rd quarter. Citadel Advisors LLC now owns 5,216 shares of the company’s stock worth $403,000 after purchasing an additional 1,832 shares in the last quarter. Finally, Fifth Third Bancorp purchased a new position in shares of American Century Large Cap Equity ETF in the first quarter worth $515,000.

American Century Large Cap Equity ETF Price Performance

Shares of NYSEARCA:ACLC opened at $86.72 on Friday. The business has a fifty day moving average price of $84.89 and a 200-day moving average price of $81.48. The company has a market capitalization of $320.86 million, a PE ratio of 25.61 and a beta of 1.03. American Century Large Cap Equity ETF has a 1-year low of $71.41 and a 1-year high of $88.05.

American Century Large Cap Equity ETF Company Profile

The American Century Large Cap Equity ETF (ACLC) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed, non-transparent fund of US companies that are screened by a combination of fundamental measures and ESG metrics. The fund utilizes the Natixis/NYSE non-transparent model. ACLC was launched on Jul 13, 2020 and is issued by American Century Investments.