American Century Focused Large Cap Value ETF (NYSEARCA:FLV) Short Interest Up 122.7% in May

American Century Focused Large Cap Value ETF (NYSEARCA:FLV) was the recipient of a significant increase in short interest in May. As of May 29th, there was short interest totaling 22,366 shares, an increase of 122.7% from the May 14th total of 10,041 shares. Currently, 0.5% of the shares of the stock are short sold. Based on an average daily volume of 8,726 shares, the short-interest ratio is presently 2.6 days.

American Century Focused Large Cap Value ETF Price Performance

Shares of NYSEARCA FLV opened at $81.46 on Friday. The firm has a fifty day moving average price of $79.52 and a 200-day moving average price of $78.42. The stock has a market cap of $350.28 million, a PE ratio of 19.58 and a beta of 0.62. American Century Focused Large Cap Value ETF has a 1 year low of $68.67 and a 1 year high of $82.41.

Institutional Trading of American Century Focused Large Cap Value ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Koenig Investment Advisory LLC purchased a new stake in shares of American Century Focused Large Cap Value ETF in the fourth quarter worth $15,729,000. CPA Asset Management Group LLC increased its stake in shares of American Century Focused Large Cap Value ETF by 37.5% in the first quarter. CPA Asset Management Group LLC now owns 127,283 shares of the company’s stock worth $9,761,000 after purchasing an additional 34,717 shares in the last quarter. Midwestern Financial LLC IA increased its stake in shares of American Century Focused Large Cap Value ETF by 1.1% in the fourth quarter. Midwestern Financial LLC IA now owns 111,760 shares of the company’s stock worth $8,468,000 after purchasing an additional 1,254 shares in the last quarter. Networth Advisors LLC increased its stake in shares of American Century Focused Large Cap Value ETF by 3.4% in the first quarter. Networth Advisors LLC now owns 100,255 shares of the company’s stock worth $7,688,000 after purchasing an additional 3,312 shares in the last quarter. Finally, Bedel Financial Consulting Inc. increased its stake in shares of American Century Focused Large Cap Value ETF by 6.4% in the first quarter. Bedel Financial Consulting Inc. now owns 88,099 shares of the company’s stock worth $6,756,000 after purchasing an additional 5,332 shares in the last quarter.

About American Century Focused Large Cap Value ETF

The American Century Focused Large Cap Value ETF (FLV) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed, non-transparent ETF that invests in a narrow selection of US large-cap value companies. The fund utilizes the Precidian non-transparent model. FLV was launched on Mar 31, 2020 and is issued by American Century Investments.