American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF) Short Interest Down 61.5% in July

American Century Diversified Municipal Bond ETF (NYSEARCA:TAXF) saw a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 7,329 shares, a decline of 61.5% from the July 15th total of 19,033 shares. Based on an average trading volume of 40,652 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are short sold.

Institutional Trading of American Century Diversified Municipal Bond ETF

Several large investors have recently made changes to their positions in TAXF. Royal Bank of Canada increased its stake in shares of American Century Diversified Municipal Bond ETF by 19.7% in the first quarter. Royal Bank of Canada now owns 28,464 shares of the company’s stock valued at $1,408,000 after buying an additional 4,682 shares in the last quarter. Jones Financial Companies Lllp bought a new stake in American Century Diversified Municipal Bond ETF during the 1st quarter worth about $241,000. Raymond James Financial Inc. increased its position in American Century Diversified Municipal Bond ETF by 17.3% in the 2nd quarter. Raymond James Financial Inc. now owns 136,643 shares of the company’s stock valued at $6,686,000 after acquiring an additional 20,105 shares in the last quarter. Jane Street Group LLC increased its position in American Century Diversified Municipal Bond ETF by 477.4% in the 2nd quarter. Jane Street Group LLC now owns 319,153 shares of the company’s stock valued at $15,616,000 after acquiring an additional 263,876 shares in the last quarter. Finally, Orion Porfolio Solutions LLC raised its stake in shares of American Century Diversified Municipal Bond ETF by 926.8% in the second quarter. Orion Porfolio Solutions LLC now owns 394,034 shares of the company’s stock worth $19,280,000 after acquiring an additional 355,659 shares during the last quarter.

American Century Diversified Municipal Bond ETF Stock Down 0.2%

NYSEARCA TAXF traded down $0.11 during trading hours on Friday, reaching $50.08. 27,365 shares of the company’s stock were exchanged, compared to its average volume of 50,686. American Century Diversified Municipal Bond ETF has a one year low of $48.71 and a one year high of $51.42. The firm has a fifty day moving average of $50.40 and a 200-day moving average of $50.50.

About American Century Diversified Municipal Bond ETF

The American Century Diversified Municipal Bond ETF (TAXF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed portfolio of US municipal bonds. The fund seeks current income that is exempt from federal taxes. TAXF was launched on Sep 10, 2018 and is managed by American Century Investments.