Short Interest in American Century Multisector Floating Income ETF (NYSEARCA:FUSI) Rises By 72.7%

American Century Multisector Floating Income ETF (NYSEARCA:FUSI) was the recipient of a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 5,151 shares, an increase of 72.7% from the April 30th total of 2,983 shares. Approximately 1.1% of the company’s shares are sold short. Based on an average daily trading volume, of 2,800 shares, the short-interest ratio is presently 1.8 days.

Hedge Funds Weigh In On American Century Multisector Floating Income ETF

A number of large investors have recently made changes to their positions in the business. Kestra Advisory Services LLC acquired a new position in shares of American Century Multisector Floating Income ETF in the 4th quarter valued at about $69,000. Jane Street Group LLC increased its holdings in shares of American Century Multisector Floating Income ETF by 195.0% in the 4th quarter. Jane Street Group LLC now owns 44,453 shares of the company’s stock valued at $2,237,000 after purchasing an additional 29,382 shares during the period. Weaver Consulting Group increased its holdings in shares of American Century Multisector Floating Income ETF by 10.7% in the 4th quarter. Weaver Consulting Group now owns 40,697 shares of the company’s stock valued at $2,048,000 after purchasing an additional 3,930 shares during the period. Finally, Envestnet Asset Management Inc. increased its holdings in shares of American Century Multisector Floating Income ETF by 56.7% in the 3rd quarter. Envestnet Asset Management Inc. now owns 41,957 shares of the company’s stock valued at $2,131,000 after purchasing an additional 15,189 shares during the period.

American Century Multisector Floating Income ETF Stock Performance

NYSEARCA FUSI opened at $50.63 on Wednesday. The stock’s 50-day moving average price is $50.39 and its two-hundred day moving average price is $50.40. American Century Multisector Floating Income ETF has a 1 year low of $50.10 and a 1 year high of $50.91.

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.