American Century Multisector Floating Income ETF (NYSEARCA:FUSI) Stock Short Interest Falls 78.9%

American Century Multisector Floating Income ETF (NYSEARCA:FUSI) was the target of a large decrease in short interest in the month of October. As of October 30th, there was short interest totaling 6,655 shares, a decrease of 78.9% from the October 15th total of 31,572 shares. Based on an average daily trading volume, of 19,975 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.5% of the company’s stock are short sold.

Institutional Trading of American Century Multisector Floating Income ETF

Institutional investors have recently modified their holdings of the company. NFSG Corp bought a new position in shares of American Century Multisector Floating Income ETF during the 3rd quarter worth approximately $55,000. Worth Asset Management LLC purchased a new position in American Century Multisector Floating Income ETF in the third quarter worth $233,000. Weaver Consulting Group grew its holdings in American Century Multisector Floating Income ETF by 5.4% in the third quarter. Weaver Consulting Group now owns 40,397 shares of the company’s stock worth $2,039,000 after purchasing an additional 2,076 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC acquired a new position in shares of American Century Multisector Floating Income ETF during the second quarter worth $251,000.

American Century Multisector Floating Income ETF Price Performance

Shares of FUSI traded up $0.01 during mid-day trading on Thursday, hitting $50.35. The company’s stock had a trading volume of 1,566 shares, compared to its average volume of 10,097. The company’s 50-day moving average is $50.47 and its 200-day moving average is $50.47. American Century Multisector Floating Income ETF has a 52-week low of $50.10 and a 52-week high of $50.80.

American Century Multisector Floating Income ETF Company Profile

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.