Short Interest in American Century Large Cap Equity ETF (NYSEARCA:ACLC) Drops By 72.2%

American Century Large Cap Equity ETF (NYSEARCA:ACLC) was the recipient of a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 2,788 shares, a drop of 72.2% from the July 15th total of 10,020 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 6,342 shares, the short-interest ratio is currently 0.4 days.

Institutional Investors Weigh In On American Century Large Cap Equity ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Pursuit Wealth Management LLC bought a new position in American Century Large Cap Equity ETF during the 4th quarter valued at $3,444,000. Fifth Third Bancorp acquired a new position in shares of American Century Large Cap Equity ETF during the 1st quarter valued at $515,000. New Hampshire Trust raised its stake in shares of American Century Large Cap Equity ETF by 18.2% in the 4th quarter. New Hampshire Trust now owns 5,326 shares of the company’s stock worth $417,000 after buying an additional 820 shares in the last quarter. Midwest Trust Co raised its stake in shares of American Century Large Cap Equity ETF by 21.4% in the 1st quarter. Midwest Trust Co now owns 26,458 shares of the company’s stock worth $1,950,000 after buying an additional 4,670 shares in the last quarter. Finally, Bank of America Corp DE lifted its holdings in shares of American Century Large Cap Equity ETF by 128.3% in the third quarter. Bank of America Corp DE now owns 3,911 shares of the company’s stock valued at $302,000 after buying an additional 2,198 shares during the period.

American Century Large Cap Equity ETF Stock Performance

Shares of ACLC stock traded down $0.31 during midday trading on Friday, reaching $87.26. 5,776 shares of the company were exchanged, compared to its average volume of 15,259. The company’s 50 day moving average price is $84.28 and its two-hundred day moving average price is $80.97. The company has a market cap of $322.86 million, a P/E ratio of 25.61 and a beta of 1.03. American Century Large Cap Equity ETF has a 12 month low of $71.41 and a 12 month 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.