American Century U.S. Quality Value ETF (NYSEARCA:VALQ) Stock Short Interest Rises 302.9%

American Century U.S. Quality Value ETF (NYSEARCA:VALQ – Get Free Report) was the target of a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 16,767 shares, an increase of 302.9% from the August 31st total of 4,162 shares. Based on an average daily trading volume, of 5,332 shares, the short-interest ratio is presently 3.1 days. Currently, 0.4% of the company’s shares are sold short.

American Century U.S. Quality Value ETF Stock Up 0.5%

NYSEARCA VALQ traded up $0.38 on Friday, hitting $70.54. The company’s stock had a trading volume of 2,724 shares, compared to its average volume of 10,552. The company’s 50-day moving average is $71.28 and its 200 day moving average is $68.71. The firm has a market cap of $330.12 million, a PE ratio of 17.16 and a beta of 0.81. American Century U.S. Quality Value ETF has a 1-year low of $62.30 and a 1-year high of $73.17.

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

A number of hedge funds have recently made changes to their positions in the stock. Rubicon Advisors GP acquired a new stake in American Century U.S. Quality Value ETF during the 4th quarter valued at approximately $340,000. Royal Bank of Canada boosted its stake in shares of American Century U.S. Quality Value ETF by 18.6% in the 1st quarter. Royal Bank of Canada now owns 6,626 shares of the company’s stock valued at $431,000 after purchasing an additional 1,039 shares during the last quarter. Beam Wealth Advisors Inc. acquired a new stake in shares of American Century U.S. Quality Value ETF during the first quarter worth $735,000. Ameritas Advisory Services LLC raised its stake in American Century U.S. Quality Value ETF by 69.6% during the second quarter. Ameritas Advisory Services LLC now owns 83,699 shares of the company’s stock worth $5,835,000 after buying an additional 34,350 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its holdings in American Century U.S. Quality Value ETF by 5.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 924,716 shares of the company’s stock worth $64,463,000 after acquiring an additional 51,747 shares during the period.

About American Century U.S. Quality Value ETF

(Get Free Report)

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.

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